Horacio Has Been Promoted from First-Line Manager to Middle Level

question 36

Multiple Choice

Horacio has been promoted from first-line manager to middle level manager.He has spent most of his time ________ and _________ but now expects to spend ______ time on each of the four management functions.

• A)managing;controlling;equal
• B)organizing,leading;less
• C)controlling;planning;more
• D)leading;controlling;equal

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Definitions:

Foreign Currency

Currency used in a country other than one's own, involved in international trade, investments, and travel.

Quota

A government-imposed trade restriction that limits the quantity or monetary value of goods that can be imported or exported during a specific time.

Demand Curve

A visual diagram that illustrates how the amount of a product that purchasers are ready to buy varies with its price.

Supply Curve

A graphical representation showing the relationship between the price of a good and the quantity supplied.