Sort it out To identifying management activities P = Planning, O = Operating, E = Evaluating 1. The business decides to drop a product line due to poor sales. 2. The business fires an employee for excessive lateness. The business prepares a cash budget for the next three months. 3. 5. 6. The business purchases merchandise for resale to its customers. The business reduces the seling price of one of its products to encourage additional sales. The human resources department hires five additional employees to work in the accounts payable department. The operations manager prepares a report estimating the number of hours eac machine could be in use during the next year. 7. 8. The sales manager compares the actual number of units sold to the budgeted number. Sales personnel conduct a survey to determine customer satisfaction with an existing product line. 10. Sales personnel conduct a survey to determine customer interest in a new product line