The Four Main Functions of Management Are Planning, Organizing, Controlling

question 28

True/False

The four main functions of management are planning, organizing, controlling, and interpersonal skills.

Understand the significance of goal setting in improving employee performance.

Examine the effects of gender on leadership styles and effectiveness.

Identify the types of power based on French and Raven's theory and their application in leadership.

Understand the concept of attributions and how they influence perception of events and behaviors.

---

Definitions:

Accounts Payable

Short-term liabilities representing amounts owed to suppliers or creditors for goods and services received that have not yet been paid for.

Raw Materials

The basic materials and substances that are used in the production of goods, often processed in various ways to create the final product.

Direct Labor Cost

The total expense of employing workers directly involved in manufacturing goods, including wages, benefits, and insurance.

Manufacturing Overhead

All indirect costs associated with manufacturing, including utilities, rent, and salaries for indirect labor.