The Key Management Functions Include

question 63

Multiple Choice

The key management functions include

• A)planning,leading,controlling and organizing.
• B)marketing,finance,accounting and production.
• C)planning,operations,labor and contracting.
• D)hiring,training,appraising and firing.
• E)marketing,management,finance and accounting.

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Definitions:

Industrial Markets

Markets comprised of companies and organizations that purchase goods and services for use in producing their own products or for operating their businesses.

Manufacturing Firms

Companies engaged in the industrial production of goods, transforming raw materials into finished products through manual labor or machinery.

Industrial Market

The market for goods and services traded among businesses and institutions, rather than between businesses and private consumers.

Fisheries

Industry or activity concerned with catching, processing, or selling fish, shellfish, and sometimes whales.