Which of the Following Functions Is Best Described as Choosing

question 80

Multiple Choice

Which of the following functions is best described as choosing among available alternatives?

• A) Decision making.
• B) Planning.
• C) Directing operational activities.
• D) Controlling.
• E) Budgeting.

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Definitions:

Fosters Efficiency

Encourages or promotes greater productivity and effectiveness in processes or systems.

Monopolistic Competition

A market structure characterized by many firms offering similar but not identical products, allowing for some degree of market power.