Lorenzo Is a General Manager for Perry Corp

question 129

Multiple Choice

Lorenzo is a general manager for Perry Corp. ,a mechanical engineering firm.He is considering some changes to the production floor which include layout adjustments and the purchase of new equipment to improve efficiency.He also wants to promote one of his employees to a higher post of assistant manager.Which of the following functions of management is Lorenzo performing?

• A) Planning
• B) Training
• C) Leading
• D) Organizing
• E) Budgeting

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Definitions:

P(B / A)

The probability of event B occurring given that event A has already occurred, often used in conditional probability and Bayesian statistics.

Union

In mathematics, especially in set theory, the union of a collection of sets is the set that contains all elements that are a member of any set within the collection.

Random Events

Outcomes or occurrences that cannot be predicted with certainty due to the random nature of the underlying process.

Probability Space

The mathematical framework for probability in which a sample space, together with a probability measure, models the outcome of a random experiment.