__________ Is a Planning Technique That Makes Use of External

question 74

Multiple Choice

__________ is a planning technique that makes use of external comparisons to determine practices used by best-in-class companies in an effort to improve performance and identify possible actions for the future.

• A) Management by objectives
• B) Forecasting
• C) Benchmarking
• D) Scenario planning
• E) Contingency planning

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Definitions:

Prevention Programs

Initiatives or interventions designed to stop something undesirable, such as disease or social problems, before it occurs.

Social Insurance Programs

Government-provided schemes designed to protect individuals from economic risks and insecurities, such as unemployment, disability, or old age.

Public Assistance

Government programs designed to provide financial aid or services to individuals in need, aiming to alleviate poverty.

Welfare

Governmental support aimed at ensuring the basic physical and material well-being of people in need.