Which of the Following Is a Part of Controlling

question 53

Multiple Choice

Which of the following is a part of controlling?

• A)recruiting employees
• B)developing job descriptions
• C)creating objectives and goals
• D)measuring performance against standards

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Definitions:

Industry Supply Curve

A graphical representation showing the relationship between the price of a good and the total output of the industry as a whole.

Price of An Input

The cost associated with purchasing goods or services used in the production process.

Breaking Even

The point at which total revenues exactly equal total expenses, resulting in no net profit or loss.

Produce

To create or manufacture goods and services for consumer use, often involving a combination of raw materials, labor, and machinery.