Grouping Resources and Activities to Efficiently and Effectively Accomplish a Result

question 151

Multiple Choice

Grouping resources and activities to efficiently and effectively accomplish a result is called

• A) planning.
• B) organising.
• C) directing.
• D) controlling.
• E) goal setting.

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Definitions:

Systematic Risk

The danger that affects the whole market or a specific section of the market, referred to as market risk, which diversification cannot mitigate.

Productivity

The efficiency of production of goods or services, measured by the output per unit of input, such as labor or capital.