Match the Following

question 159

Short Answer

Match the following:
A) Controlling
B) Directing
C) Decision making
D) Planning
1) Setting goals and objectives.
2) The process in which management engages while it plans directs and controls operations.
3) Evaluating results of business operations.
4) Determining how to achieve company goals.
5) Overseeing the company's day to day operations.

• A) Controlling
• B) Directing
• C) Decision making
• D) Planning
• 1) Setting goals and objectives.
• 2) The process in which management engages while it plans directs and controls operations.
• 3) Evaluating results of business operations.
• 4) Determining how to achieve company goals.
• 5) Overseeing the company's day to day operations.

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Definitions:

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Individuals who travel primarily for business purposes, including conferences, meetings, and client visits.

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A method used in economics to analyze the elasticity of demand by measuring changes in total revenue with variations in price.

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A measure of how much the quantity supplied of a good responds to a change in the price of that good, reflecting producers' willingness and ability to alter production.