Leighton Wood Is a Manager at the XYZ Company

question 93

Multiple Choice

Leighton Wood is a manager at the XYZ Company.He performs all the management functions as condensed from Henri Fayol's work. When Mr Wood determines what tasks are to be performed by his employees and how they are to be grouped,he is performing the ________ function.

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

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Definitions:

Negotiation

Negotiation is the process whereby interested parties discuss, deliberate, and come to an agreement on terms and conditions that are mutually acceptable.

Stacked Payees

involves multiple individuals or entities being listed on a financial instrument, requiring the endorsement of all listed before it can be negotiated or cashed.

Ambiguous

Something that can be understood in more than one way or is not clearly defined.

Indorsements

Signatures or stamps placed on a document (often a financial document) that specify the legal transfer of rights from one party to another.