Asked by Janae Terrell on Sep 26, 2024
Verified
With inventory control and financial problems, the owner of Baker's Dozen, Inc. is considering the following alternatives: reduce inventory, lay off people, file for bankruptcy, or sell the business. The owner is using which management function?
A) Decision-making
B) Staffing
C) Organizing
D) Motivating
E) Leading
Inventory Control
Management of inventory levels, orders, sales, and deliveries to ensure availability of goods without excessive supply.
Financial Problems
Difficulties in managing money, which may include maintaining cash flow, handling debt, or managing investments.
Management Function
The activities and responsibilities of managing an organization, including planning, organizing, leading, and controlling.
- Detect diverse managerial operations, indispensable skills, and the significance of leadership development and approaches to learning.
Verified Answer
Learning Objectives
- Detect diverse managerial operations, indispensable skills, and the significance of leadership development and approaches to learning.
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