The Four Traditional Management Functions, Still Relevant Today, Include

question 129

Multiple Choice

The four traditional management functions, still relevant today, 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:

Liability for Negligence

A legal obligation that arises when an individual or entity fails to take reasonable care to avoid causing harm to another person, resulting in injury or loss.

Material Fact

A fact that would be important to a reasonable person in deciding whether to engage or not engage in a particular transaction.

Securities Act of 1933

A U.S. law enacted as part of the New Deal, aimed at ensuring transparency in financial statements so investors can make informed decisions about investments, and establishing laws against misrepresentation and fraudulent activities in the securities markets.

Registration Statement

A document filed with the SEC that contains detailed information about a company's operations and securities it intends to offer.