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Goals Serve Four Very Important Purposes

question 66

Multiple Choice

Goals serve four very important purposes.Each purpose is related closely to one of the four functions of management.According to the text,which of the four functions of management is NOT specifically addressed by one of the purposes served by goals?


Definitions:

Ratification

The act of approving or sanctioning an agreement or treaty that makes it officially valid.

Unauthorized Act

An action taken by an individual or entity without permission or authority, potentially leading to legal consequences or invalidation of the act.

Principal

In finance, this term refers to the original sum of money borrowed in a loan, or the amount of the investment itself, excluding any interest or profit.

Agent

A person or entity authorized to act on behalf of another person or entity in contractual or legal matters.

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