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Questions and Answers
What is considered as business management rule #1?
What is considered as business management rule #1?
- Individual control
- Micro-management
- Centralization
- Delegation (correct)
Which of the following is NOT a part of management according to the text?
Which of the following is NOT a part of management according to the text?
- Planning
- Organizing
- Controlling
- Budgeting (correct)
What does business administration involve?
What does business administration involve?
- Medical management
- Financial speculation
- Legal proceedings
- Administration of a commercial enterprise (correct)
What does corporate finance provide a framework for?
What does corporate finance provide a framework for?
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What is the primary purpose of management according to the text?
What is the primary purpose of management according to the text?
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What is the primary function of controlling in an organization?
What is the primary function of controlling in an organization?
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Who needs to perform the controlling function in an organization?
Who needs to perform the controlling function in an organization?
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Where is controlling function considered important according to the text?
Where is controlling function considered important according to the text?
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What does controlling ensure about an organization's resources?
What does controlling ensure about an organization's resources?
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What is the purpose of the controlling function?
What is the purpose of the controlling function?
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