Refer to the Scenario Below to Answer the Following Questions

question 102

Multiple Choice

Refer to the scenario below to answer the following questions.
Joe the Manager (Scenario)
As a production supervisor, Joe decides on Friday afternoon how many units of output his employees should produce next week, as well as which products will be produced on which days in the department. He also decides which employees are going to be responsible for operating which machines, since all his subordinates are multi-skilled assemblers. On Monday, he hands out work assignment sheets to inform the employees about which machines each will operate for the week. Joe also announces that the schedule will be challenging because of an increase in the targeted number of output units. He encourages his subordinates by telling them that he is confident they will achieve the production targets because they are such hard-working and skilled employees. Then, during the week, he monitors the daily production output and records the number of units that successfully achieved the company's quality standards, as well as the number of units that were unsatisfactory and had to be scrapped.
-When Joe tells the employees he is confident they can achieve the production targets because they are such hard-working and skilled employees, he is performing which management function?

• A) controlling
• B) leading
• C) planning
• D) organizing
• E) delegating

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Definitions:

Interest Rate Collar

A derivative strategy that combines an interest rate cap and floor to limit exposure to interest rate fluctuations.