Identify which function of the management of an organization is being described by the following statement: Requires management to look ahead and to establish objectives. A key objective of management is to add value to the business a. Controlling b. Directing c. Planning

Identify which function of the management of an organization is being described by the following statement: Requires management to look ahead and to establish objectives. A key objective of management is to add value to the business a. Controlling b. Directing c. Planning

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

See similar textbooks

Related questions

Q: Identify and briefly explain five issues that need to be controlled by managers in a Supermarket.…

A: Inventory Management: Managers must ensure optimal inventory levels to prevent overstocking or…

Q: Which of the following is an example of supervisory planning? A. working with the chef to plan menus…

A: Supervisory planning is a crucial part of management wherein a supervisor must utilize all the…

Q: Which combination of factors represent the Internal Sporting Organization: a. Physical, Human,…

A: Organization refers to a group of people who come together to achieve a common purpose or goal. It…

Q: Developing An Effective Business Model Uniqlo For its core strategy, Uniqlo uses a combination…

A: Uniqlo, a prominent player in the global fashion retail industry, has garnered attention for its…

Q: The table below lists several steps involved in tactical planning. For each step listed, indicate…

A: When a company sets long terms goals and objectives that are to be achieved in a specific period of…

Q: Controlling is the process of measuring performance and taking action to ensure which has a positive…

A: First, let us understand the meaning of controlling. Controlling is the managerial function which…

Q: What would you suggest that subText do to tighten up their planning and control procedures?

A: The answer would be:

Q: Anne Hathawayy is a data analyst at a marketing company who is responsible for providing support to…

A: Management support system helps the management to take important decision and make appropriate…

Q: Noor is a supervisor who manages a production line. She spends several hours each week developing…

A: To meet the short term objective operational planning is used, she can use assignment method to…

Q: 5) Implementation of planned decisions and evaluating performance is classified as: a. Evaluation b.…

A: Controlling

Q: Because of this, planning, monitoring, and control are

A: Planning: The main duty of management is planning, which is developing a future course of action to…

Q: How does Enron’s management planning practices interfere with or prohibit the organization’s ability…

A: Enron's corporate culture encouraged dishonest decisions and behaviour simply because top management…

Q: Which of the following is not a separate management function A) Planning B) Directing OC)…

A: The management function is one of his or her key duties or main activities that are carried out for…

Q: 24.An example of an outcome measure of learning and growth is: a.Percentage of employees…

A: Performance measurement- is the method of collecting, investigating, and documenting information…

Q: 10. Using a foodservice or hospital organization of your choice, present an example of an…

A: An organizational goal is a wide, general objective that an association sets to direct its…

Q: The table below lists several steps involved in tactical planning. For each step listed, indicate…

A: Tactical planning is a critical component of any successful organization. It involves setting goals,…

Q: A. Distinguish the different levels of IS planning and the processes relating to each level? B.…

A: A.Different levels of IS planning and the processes relating to each level of planning are as…

Q: 2. Why might temp-to-hire be used by companies in good economic times?

A: It is why we might use temp for hiring for good economic times:1. Flexibility. As mentioned off the…

Q: di scuss. what is the importance of planning for work activities in achieving organizational goals?

A: Planning is an intrinsic procedure entailing the formulation of objectives, identification of…

Q: Explain the following financial tools used for control. Include an explanation of each of their…

A: Financial statement: Financial statements are referred to as the documents which indicate the…

Q: According to Dr. Henry Mintzberg, a noted management scholar from McGill University in Montreal, PQ,…

A: Dr Henry Mintzberg, a well-known management scholar, has extensively studied and written about…

Question

a. Controlling

b. Directing

c. Planning

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1: Define the Term Management:

VIEW

Step 2: Correct Option:

VIEW

Step 3: Incorrect Options:

VIEW

Solution

VIEW

Step by step

Solved in 4 steps with 1 images

SEE SOLUTION Check out a sample Q&A here

Similar questions

Explain the 14 Henry Fayol principle of management
In planning for a crisis, the leader has to focus on five integrated tasks. These tasks include all of the following EXCEPT: communicate regular updates on the planning process to all employees. establish strategic goals and program objectives for crisis management. coordinate the creation of a crisis management plan. formulate an overarching vision of crisis management for the organization.
33 John has recently joined UNITED AIRLINES. He found that his department was under-staffed and other departments were not cooperating with his department for smooth functioning of the organization. Therefore, he ensured that his department has the required number of employees and its cooperation with other departments is improved. Identify the level of management at which JOHN was working. Mention 2 functions of this level of management. * K Enter your answer
Can we think of these three as in a hierarchy? Strategic Tactical Operational
23 Which of the following are the primary functions of all organizations? Select one: a. marketing, human resources, and finance/accounting b. marketing, production/operations, and finance/accounting c. research and development, finance/accounting, and purchasing d. production/operations, marketing, and human resources e. sales, quality control, and production/operations
4. Explain why it is beneficial to use the Plan Do Check Act model. Include in your answer a description of the four phases of this model.
1) A mechanistic structure is highly suitable for an organization operating in an environment with very high levels of uncertainty True False 2) In scenario-based planning, managers focus on various scenarios that present alternative pictures of what the future may look like and how the firm would like to respond to each scenario True False 3) An organization's external environment is defined as everything that exists outside the boundary of the organization and has the potential to affect all or part of the organization. True False
In order to achieve different objectives of firms the modern day management has to make decisions under various constraints. What are these constraints