When Gavin Decides as to How Many Units of Output

question 9

Multiple Choice

When Gavin decides as to how many units of output his employees should produce,he is performing which of the following management functions?

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

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Definitions:

Tender Offer

An offer to purchase some or all of shareholders' shares in a corporation, typically at a premium to the market price, as part of a corporate acquisition or buyback.

Equity Securities

Financial instruments representing ownership interest in a corporation, such as stocks, which confer certain rights like voting and profit sharing.

Specified Price

A determined cost set for a product or service, agreed upon by the seller and the buyer.

Rule 506

A provision of the Securities Act that allows companies to raise unlimited capital through private placements without extensive registration with the SEC.