Examlex
Peggy McLaughlin runs an ice cream shop.She is determining how many employees should work next week and at what times.She is performing which management function?
Rational Acts
Actions or decisions that are made based on logical reasoning and coherent analysis, aiming at maximizing benefits while minimizing costs and risks.
Voice of the People
A term used to describe the opinions, wishes, or preferences of the general public or a particular segment of society.
Basis of Economy
The foundational elements or activities that support and drive the economic systems, such as production, consumption, and trade.
Self-governing
The capability of an organization or entity to regulate itself without external intervention.
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