The Last Step of the Organizing Process Typically Involves the Supervisor

question 19

Multiple Choice

The last step of the organizing process typically involves the supervisor:

• A) grouping activities and assigning duties to the appropriate employees.
• B) defining objectives by reviewing the plan.
• C) estimating personnel, equipment, and the money needed.
• D) measuring the performance of the group.

---

Definitions:

Currency Loses Value

A situation where a currency diminishes in purchasing power compared to other currencies, often due to inflation or economic policies.

Purchasing-power Parity

A theory of exchange rates whereby a unit of any given currency should be able to buy the same quantity of goods in all countries.

Exchange Rates

The rate at which one currency can be exchanged for another, affecting trade and economic relations between countries.

Long Run

A period of time in economics where all factors of production and costs are variable, allowing for full adjustment to changes.