Question 1 · 1 mark · Difficulty 1/3
Which of the following BEST describes the function of management?
- Hiring employees and paying wages
- Planning, organising, leading and controlling resources to achieve goals
- Producing goods and services for consumers
- Buying raw materials from suppliers
Show answer & explanation
✓ Answer: B — Planning, organising, leading and controlling resources to achieve goals
Award 1 mark for identifying the four functions of management (planning, organising, leading, controlling). A is incorrect — hiring is only part of the staffing function. C describes production, not management. D describes procurement, which is an operational activity.