A company like Motorola might establish a goal of reducing its inventory by 50 percent over the next year. To ensure that it reaches this goal, the company could monitor its progress on a quarterly or monthly basis. If the managers at Motorola discover that there is a danger of not achieving this goal, they can take corrective action to adjust for the deficiency. This is a description of the managers' ____ function.
A. controlling
B. directing
C. leading
D. organizing
E. planning
Answer: A
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Vested benefits are
A) estimated benefits. B) not contingent on future service to a company. C) to be received as a lump sum payment. D) lost when employment is terminated.
Which of the following is NOT an example of a storage device in an accounting information system?
A) computer B) financial statements C) filing cabinet D) server
Which of the following is not a canon of the Arbitrator's Code of Ethics?
A) An arbitrator will uphold the integrity and fairness of the arbitration process. B) If the arbitrator has an interest or relationship that is likely to affect his or her impartiality or that might create an appearance of partiality or bias, it must be disclosed. C) An arbitrator, in communicating with the parties, should avoid impropriety or the appearance of it. D) An arbitrator will research the parties involved in the dispute and the nature of the dispute prior to the arbitration hearing in order to reach preliminary notions regarding the relative strengths and weaknesses of each party's case.
Can the parties mutually agree to have a court vacate, modify or correct an award under the FAA where the arbitrator's conclusions of law are erroneous?