More than a hundred years ago, Henri Fayol proposed that managers performed five
functions. They were ________.
A) planning, organizing, directing, evaluating, and controlling
B) organizing, directing, coordinating, evaluating, and controlling
C) planning, organizing, directing, coordinating, and controlling
D) planning, organizing, commanding, coordinating, and controlling
The operations manager suggests a hike in the prices to improve productivity. However,
the marketing manager rules this option out. What could be the possible reason for this?
A) Product prices are not related to organizational productivity.
B) Selling price is negatively correlated to organizational productivity.
C) The industry is characterized by intense competition.
D) Such an action would lead to reduced employee satisfaction.
Which of the following factors is a sociocultural component of an organization’s
external environment?
A) Most of the firm’s customers have at least one year of college.
B) The government of the country holds elections whenever confidence in the current
regime falters.