Which of the Following Is Not a Function of Management

question 2

Multiple Choice

Which of the following is not a function of management?

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

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Definitions:

Human Capital

The collective skills, knowledge, or other intangible assets of individuals that can be used to create economic value for the individuals, their employers, or their community.

Marginal Resource Cost

The extra expense resulting from the consumption of an additional unit of a resource.

CEO Pay

The compensation package awarded to the chief executive officer of a corporation, which may include salary, bonuses, stock options, and other benefits.

Competitive Labor Market

A market in which workers compete for jobs and employers compete for workers, resulting in the equilibrium wage rate being determined.