Eleanor Gave Her Production Team a Specific Objective of Increasing

question 39

Multiple Choice

Eleanor gave her production team a specific objective of increasing production by 3 percent over the previous month and keeping rejects below the standard of 0.05 percent. Eleanor noticed the team having far more drive and energy,and overall more alertness and commitment to their tasks. Which benefit of planning is Eleanor seeing in her production team?

• A)intensifies effort  
• B)reduces uncertainty  
• C)provides direction  
• D)facilitates decision making

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Definitions:

Excess Fair Value

The amount by which the fair value of an asset exceeds the cost of acquisition or the carrying amount in the company's financial statements.

Investment Account

A financial account held at a financial institution that holds securities, shares, and other investment assets for the investor.

Equity Method

An accounting technique used to record investments in other companies, where the investment's value is adjusted based on the investor's share of the investee's profits or losses.

Acquisition Combination

The process of uniting two or more entities into one, typically through the purchase of one by another, and integrating their operations.