Wally is employed as an executive with pay more incorporated. to entice wally to work for pay more, the corporation loaned him $43,000 at the beginning of the year at a simple interest rate of 2.5 percent. wally would have paid interest of $12,900 this year if the interest rate on the loan had been set at the prevailing federal interest rate

You work as the sales manager for a company that sells office supplies to businesses of all sizes. because the profit margins are razor-thin, you need to ensure that you are getting the very best prices on paper, pencils, pens, post-it notes, and other office supplies from the manufacturers. when reviewing the quarterly profit statement, you realize that your costs are higher than they should be, and you trace the higher costs back to an employee who has been lax about getting competitive bids to ensure the lowest prices. when you conduct your research to determine the reason for the higher costs, and take action to bring those costs back down, in which of the key management processes are you taking part?