The Management Function Concerned with Anticipating Future Trends and Determining

question 178

Multiple Choice

The management function concerned with anticipating future trends and determining the best strategies to achieve an organization's goals and objectives is known as

• A) directing.
• B) leadership.
• C) planning.
• D) forecasting.

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Definitions:

Obstructionist Strategy

Avoids social responsibility and reflects mainly economic priorities.

Discretionary Responsibilities

Responsibilities in a job that allow an employee to make decisions and judgements without needing prior approval.

Economic Responsibility

The obligation of organizations to make decisions that positively impact the economic environment in which they operate, including considerations of sustainability and ethical business practices.

Socially Responsible Corporate Behaviour

Acts by businesses that go beyond economic and legal expectations to positively impact society and the environment.