Which of the Following Activities Involves Coordinating and Allocating a Firm's

question 20

Multiple Choice

Which of the following activities involves coordinating and allocating a firm's resources so that the firm can carry out its plans and achieve its goals?

• A) organizing
• B) resource planning
• C) controlling
• D) implementing

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Definitions:

Retirement Fund

Financial resources that have been saved and are used to support a person's retirement.

Mutual Fund

An investment vehicle made up of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments.

Compounded Monthly

The method of determining interest that includes both the original principal sum and the interest that has previously been added up over past months.

Invest

Allocating resources, usually money, in the expectation of generating an income or profit.