91%(89)81 out of 89 people found this document helpful
This preview shows page 22 - 26 out of 42 pages.
Question 531 out of 1 pointsPlanning is a crucial management activity because:Selected Answer:it designs the map that lays the groundwork for the otherfunctions.Answers:it can never go wrong or fail.
what an organization wants to achieve is based on a planned course of action.it designs the map that lays the groundwork for the otherfunctions.the process of managing an organization ends with planning.it eliminates other management functions like organizing and controlling.Question 541 out of 1 pointsCrisis management plans generally cover maintaining business operations during a crisis and:Question 550 out of 1 pointsManagers at Sprocket Inc. have recognized declining sales on their water purifier and must decide upon what has to be done to improve it. Which of the following would be their next step?
Question 561 out of 1 pointsThe top management of New 18 Apparels Inc. has decided to set up an online store to cater to the changing business environment and reach out to the Asian market. The management has also identified that the success of the company will depend on its ability to create and develop new products and processes in the next two years. This isan example of _____.Question 571 out of 1 pointsWhen efficiency is an objective, organizations primarily focus on:Selected Answer:making the best use of their resources.Answers:limiting workplace diversity.sales as the sole criterion for evaluating employees' performance.making the best use of their resources.ensuring that their business expenses are equal to their assets.