Management’s Function: Following are the function of management Planning: Planning stands for thinking in advance about what to do, how to do, when to do and by whom it is to be done Implementing: It is the next process after planning to implement all the plans to achieve the desired goal or objective. Leading: It is the process where leader motivates their follower to follow a path from which all gets benefit. Controlling: It is the work which is done after the completion of a particular assignment in this we put control over the unwanted or wasteful things. To choose: The correct option for example given

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Chapter 1, Problem 4MC

To determine

Concept introduction:

Management’s Function:

Following are the function of management

Planning: Planning stands for thinking in advance about what to do, how to do, when to do and by whom it is to be done

Implementing: It is the next process after planning to implement all the plans to achieve the desired goal or objective.

Leading: It is the process where leader motivates their follower to follow a path from which all gets benefit.

Controlling: It is the work which is done after the completion of a particular assignment in this we put control over the unwanted or wasteful things.

To choose:

The correct option for example given

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Exhibit 1-A Future value (compounded sum) of $1 after a given number of time periods Period 1% 1.010 1.020 2% 3% 4% 5% 6% 7% 8% 9% 10% 11% 1.020 1.040 1.040 1.082 1.125 1.170 1.217 1.050 1.103 1.158 1.216 1.276 1.340 1.407 1.030 1.061 1.060 1.124 1.070 1.145 1.225 1.311 1.403 1.110 1.232 1.368 1 1.080 1.090 1.100 1.166 1.260 1.360 1.469 1.188 1.210 3 1.030 1.061 1.093 1.191 1.295 1.331 1.041 1.126 1.159 1.194 4 1.082 1.262 1.412 1.464 1.518 5 1.104 1.126 1.338 1.611 1.772 1.685 1.870 1.051 1.539 1.062 1.072 6. 1.265 1.419 1.501 1.587 1.677 1.316 1.949 2.144 1.149 1.230 1.504 1.606 1.714 1.828 1.993 2.076 2.305 1.594 1.689 8 1.083 1.172 1.267 1.369 1.477 1.718 1.851 1.305 1.344 1.384 2.358 1.423 1.480 1.094 1.195 1.551 1.838 1.999 2.172 2.558 2.839 3.152 10 1.105 1.219 1.629 1.791 1.967 2.159 2.367 2.594 1.710 2.105 2.252 2.410 11 1.116 1.243 1.539 1.898 2.332 2.580 2.853 12 1.127 1.268 1.426 1.601 1.796 2.012 2.518 2.813 3.138 3.498 1.138 1.149 2.720 3.452 3.797 4.177 4.595 5.054 5.560…