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Tasya [4]
3 years ago
14

Which function of the management process requires a manager to establish goals and standards and to develop rules and procedures

?​
Business
1 answer:
Mama L [17]3 years ago
7 0

Answer:

The planning function of management includes establishing goals and standards, developing rules and procedures, and developing plans and forecasting

Explanation:

Planning is the function of management that involves setting objectives and determining a course of action for achieving those objectives.

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Polaris, a manufacturer of snowmobiles, motorcycles, watercraft, and off-road vehicles, shares manufacturing operations across i
Burka [1]

Answer:  Related diversification

Explanation: Related diversification refers to a situation that occurs when the business takes on an expansion by offering new products in the markets which are very similar to the existing ones that the firm offers. In the given case Polaris manufactures and offers automobile products in the market and he have separate departments for other different supporting activities for the business, thus, we can conclude that Polaris is using related diversification.

5 0
3 years ago
Christy Reed has been depositing $2,000 in her savings account every December since 2001. Her account earns 7 percent compounded
Sergio [31]

Answer:

Future Value is $35776.902

Explanation:

Given data

saving = $2000

rate = 7 % = 0.07

time = 12 year

to find out

Future Value?

solution

we will apply here future value formula that is

Future Value = saving × (1 + rate)^time - 1 /  rate

put all value here and we get

Future Value =2000 × (1 + 0.07)^12 - 1 / 0.07

Future Value = 2000 × 17.888451

Future Value is $35776.902

7 0
3 years ago
If nominal GDP rises we can say that A. production has risen or prices have risen or both have risen. B. prices have risen and p
Svet_ta [14]

Answer:

All the options are possible:

  • A. production has risen or prices have risen or both have risen.
  • B. prices have risen and production remains constant.
  • C. production has risen and prices remain constant.
  • D. production has fallen and prices have risen.

Explanation:

Nominal gross domestic product (GDP) represents the market value of all the new and legal goods and services produced within a country during a given period of time (generally a year). Since it is not adjusted to inflation (real GDP is), an increase in nominal GDP may result from higher inflation or higher production, or a combination of both. Only if adjusted to inflation (real GDP) we can know if the increase resulted from higher production.

4 0
3 years ago
the structured and informal organizational network that is founded in social relationships rather than organizational charts or
myrzilka [38]

Answer: The options are:

True/False.

The answer is True

Explanation: Grapevine is an unofficial, informal, and personal channel of communication that occurs within an organization.

This kind of system does not follow organizational charts, or job description.

An attribute of this system of communication is that it can happen between an employee and his/her superior without following any formal structure.

It will mostly take the shape of rumors among colleagues.

7 0
4 years ago
___ is a motivation technique in which managers and employees collaborate in setting goals for the purpose of clarifying the rol
Alika [10]

Answer:

Management by objectives

Explanation:

In this type of management the goals are defining by the managers and team members.

4 0
3 years ago
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