To earn a profit, managers must acquire, coordinate, and control all of the following resources EXCEPT
A) competitive products.
B) people.
C) services.
D) money.
E) raw materials and equipment.

Question

Quizplus · Accepted Answer

Every organization must acquire resources, including people, services, raw materials and equipment, financial, and information, to effectively pursue its objectives and coordinate their use to turn out a final good or service. All of these resources must be coordinated and controlled if the company is to earn a profit.

To Earn a Profit, Managers Must Acquire, Coordinate, and Control