The Second and Third Steps of the Organizing Process Focus

question 25

Multiple Choice

The second and third steps of the organizing process focus on the ________.

• A)results of the organizing strategy
• B)organizational plans
• C)organizational goals and objectives
• D)tasks to be performed within the management system
• E)allocation of resources and directives

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Definitions:

S&P 500 Index

A stock market index that measures the stock performance of 500 large companies listed on stock exchanges in the United States.

December Contract

A futures contract with a delivery or settlement date in December.

Gold Futures Contracts

Agreements to buy or sell a specific amount of gold at a predetermined price on a set date in the future, used for hedging or speculation on gold prices.

Futures Price

The agreed upon price for the future delivery of assets such as commodities or financial instruments, set in a futures contract.