Which of the following is NOT an element of the management process?

When Frank buys his own house, he would like to have a home theater system and a Jacuzzi. He plans to save enough money in the next three years so that he can fulfill his wish

Frank's desire for the home theater and the Jacuzzi is an example of a(n) ________. A) need B) want C) demand D) market E) prospect

Operating leases are preferred over capital leases because capital leases increase a company's debt ratio

Indicate whether the statement is true or false