The Owner of OFC, a Small, Family-Owned Business That Manufactures

question 74

Multiple Choice

The owner of OFC, a small, family-owned business that manufactures and markets organic fruit spreads, has hired eight teenagers to help during the summer season. The teens were divided into two groups. One group led by Rudy prepares the fruit for cooking. The second group led by Amy packs the filled and cooled jars in boxes. When the owner meets with Rudy to find out why his group is not preparing the fruit as quickly as was expected, she is engaged in which management function?

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

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Definitions:

Official Poverty Rate

A government-calculated statistic that measures the proportion of the population whose income falls below the threshold considered necessary to meet basic living needs.

Elderly Families

Families that consist predominantly of members who are of retirement age or older, often with specific medical, social, and financial needs.

Implicit Marginal Tax Rate

The rate at which additional income is effectively taxed due to the phase-out of benefits or allowances.

Government Transfers

Payments made by the government to individuals or other entities without expecting a good or service in return, such as social security or unemployment benefits.