The Process by Which Managers Monitor and Regulate the Efficiency

question 45

Multiple Choice

The process by which managers monitor and regulate the efficiency and effectiveness of the workers in an organization is called:

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

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Definitions:

Sales Increase

A rise in the volume or amount of products or services sold by a business.

Break-Even Sales

The amount of revenue needed to cover both fixed and variable expenses, resulting in a net income of zero.

Variable Expenses

Costs that change in proportion to the activity of a business.

Fixed Expenses

Expenses that remain constant regardless of the amount of goods produced or sold, including lease payments, wages, and coverage costs.