1. What is the connection between "planning" and "controlling" a business? Do not define. What is the "connection?"
2. What would you say are the benefits to your company for having a diverse workforce?
3. Who (which department) benefits the most from a just-in-time inventory management system? Why?
4. Which of a small firm's several assets must be managed "most" carefully? Why?
5. There are several basic ways to manage a firm's risks. Name two different ways.
6. What would you say is the difference between management and leadership?