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Which part of the organizing process aids in effective and efficient progress toward planned goals and often results in changes within the organization? (Ans- Evaluating results What is the result of a company increasing the delegation of authority and the span of control? (Ans- Increased decis...

Which part of the organizing process aids in effective and efficient progress toward planned goals and often results in changes within the organization? (Ans - Evaluating results What is the result of a company increasing the delegation of authority and the span of control? (Ans - Increased num...

In the United States, changes in price levels are tracked by the (_____), which measures the monthly average changes in prices of goods and services." (Ans- consumer price index (CPI) The term used to describe the study of the overall operations of an economy and its various components is know...

Marketing (Ans- The process for discovering unmet customer needs, researching potential markets, producing goods or services to satisfy targeted customers, promoting, pricing, and distributing. The organizational function and set of processes for creating, communicating and delivering value to ...

Factors Influencing Demand (Ans- Demand is driven by price, consumer preferences, the economy, the number of buyers in a market, customer incomes, price of substitutes and complimentary items. Factors of Production (Ans- Natural resources, capital, human resources and entrepreneurship. What is...

Which part of the organizing process aids in effective and efficient progress toward planned goals and often results in changes within the organization? Promoting vision Evaluating results Turning strategy into action Determining the specific activities (Ans- Evaluating results What is the re...

Production (Ans- Begins with inputs + add value = produce a good or service. Operations Management - relates to this process. Why is production such an important business activity? (Ans- Without products to sell, companies cannot generate money. Goal: lower the cost of production, boost the qu...