Define the term management
What will be an ideal response?
Answer: Management is the process of planning, organizing, leading, and controlling an organization's financial, physical, human, and information resources to achieve its goals. Typically a manager's day would involve attention to all these aspects of the role.
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Which of the following is not a base against which profits are measured?
a. Owners' equity b. Owners' and creditors' funds provided c. Intangibles d. Revenues e. Productive assets
A leasehold is a payment
A) for the right to use certain property. B) for the right to sublease certain property. C) to give up or to get out of a lease. D) to improve leased property.
Which of the following is NOT an appropriate time to request a referral?
A. Trial close stage B. Product delivery stage C. Service and follow-up D. Preapproach E. Sales presentation
Scope of influence is:
a. the basis of self motivation. b. our ability to influence others. c. anything we do for the customer. d. a problem solving strategy.