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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?

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