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TABLE 2-18
The stem-and-leaf display below shows the result of a survey on 50 students on their satisfaction with their school with the higher scores represent higher level of satisfaction.
-Referring to Table 2-18, if a student is randomly selected, his/her most likely level of satisfaction among the 40s, 50s, 60s, 70s, 80s and 90s will be in the 60s.
Controlling
In management, controlling refers to the process of monitoring performance, comparing it with goals, and taking corrective action as needed to ensure that objectives are achieved.
Pricing
The process of determining the value that will be charged for a product or service.
Primary Functions
The main or core activities that are essential for the operation of a business or organization.
Organizations
Entities comprising of individuals working together towards a common goal or objective, structured and managed to meet a need or to pursue collective goals.
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