Examlex

Solved

The Two Managerial Functions That Compose the Process of Directing

question 118

Multiple Choice

The two managerial functions that compose the process of directing an organization are


Definitions:

Price

The amount of money required to purchase a product or service, determined by factors such as cost of production, market demand, and competition.

Quality

The degree to which a product or service meets or exceeds customer expectations, often measured in terms of durability, reliability, and performance.

Compensation Method

A strategy or approach used to calculate and distribute payment or rewards to employees or partners.

Negative Consequences

The potential adverse outcomes or risks that can result from a decision or action, often discussed in sales to motivate a purchase decision.

Related Questions