Which of the Following Describes the Planning Function Within the Management

question 94

Multiple Choice

Which of the following describes the Planning function within the management cycle?

• A)Setting short and long-term objectives
• B)Comparing actual to budgeted results and taking corrective action
• C)Taking actions to implement the plan
• D)Arranging the necessary resources to carry out the plan

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Definitions:

World Trade Organization

An international organization dealing with the global rules of trade between nations, aiming to ensure that trade flows as smoothly, predictably, and freely as possible.

National Treatment

A principle in international law where a country treats products and companies from other nations no less favorably than its own.

Statute of the International Court of Justice

The foundational treaty that established the International Court of Justice as the principal judicial organ of the United Nations, outlining its functions and procedures.

Constitution

The fundamental law or set of principles that defines the structure, powers, and limits of a government.