The Process of Measuring Performance and Taking Action to Ensure

question 25

Multiple Choice

The process of measuring performance and taking action to ensure desired results are a part of the management function of

• A) planning.
• B) organizing.
• C) leading.
• D) controlling.

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Definitions:

Return

Return refers to the gain or loss on an investment over a specific period, including income received and the change in value, usually expressed as a percentage of the investment’s initial cost.

Investment Horizon

Time horizon for purposes of investment decisions.

Liquidated

Converted assets into cash or paid off a debt, often referring to the process of closing a business and distributing its assets to claimants.

Execution Phase

The stage in a project or plan where the strategies and plans are put into action or carried out.