The management team at Imagine Advertising is trying to land a new client. Carla, the CEO, has set targets for how much the cont
ract needs to be and has delegated out the tasks. Dominic and Stella are sent out to meet with the client. In the past, they have been successful at helping clients see the big picture and how their advertising team can help the client realize their goals. What principal function do Dominic and Stella possess?A) controllingB) leadingC) planningD) organizingE) motivating
Leading is a function of management which involves using influence to motivate employees and clients to achieve organisational and client goals respectively. Dominic and Stella possess the leading function due to their ability to influence the clients on how Imagine Advertising will help the clients achieve their goals.
EOQ stands for Economic Order Quantity. It<span> is the order quantity that minimizes the total holding costs and ordering costs.</span><span> The difference between the basic EOQ model and the production order quantity model is that </span>the production order quantity model does not require the assumption of instantaneous delivery.