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The Management Process Consists of Six Functions: Planning, Staffing, Organizing

question 10

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The management process consists of six functions: planning, staffing, organizing, directing, controlling, and decision making.What might be seen in the planning step of the process?


Definitions:

Visa

An official authorization appended to a passport, permitting entry into and travel within a particular country or region.

MasterCard

A global financial services corporation known for its wide acceptance as a payment method for transactions, providing credit, debit, and prepaid card offerings to consumers.

Antitrust Laws

Legislation aimed at preventing anti-competitive practices, monopolies, and to ensure fair competition in an open-market economy.

Swipe Fees

Charges that a merchant pays to a card-issuing bank for processing credit or debit card transactions.

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