Which of the Following Is the Process by Which Managers

question 4

Multiple Choice

Which of the following is the process by which managers monitor and regulate how efficiently and effectively an organization and its members are performing the activities necessary to achieve organizational goals?

• A) Planning
• B) Organizing
• C) Leading
• D) Controlling
• E) Coordinating

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Definitions:

Airline Company

A business that provides air transport services for traveling passengers and freight.

Telephone Company

A business that provides telecommunications services such as voice calls and data transmission to customers.

Perfectly Price-Discriminated

When a seller charges each buyer their maximum willingness to pay, capturing all consumer surplus as producer surplus.

Monopolist

An entity that is the sole provider of a particular good or service, allowing it to control market prices.