Planning Is an Activity Performed by Managers That Involves ____

question 39

Multiple Choice

Planning is an activity performed by managers that involves ____.

• A) instructing and authorizing others to perform the necessary work
• B) identifying and combining resources so that a company can reach its goals and objectives
• C) establishing goals and objectives
• D) measuring performance and, if necessary, taking corrective action

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Definitions:

Market Analysis

The study of market trends, conditions, and characteristics to inform business decisions, often involving an examination of supply and demand, competitor strategies, and customer preferences.

Financial Projections

Estimates of future financial performance of a business, including forecasts of income, revenue, expenses, and capital requirements.

External Funding Requirement

The amount of money a company needs to raise from outside sources to finance its activities, investment, and growth.

Growth In Assets

An increase in a company's total assets over a period of time, reflecting expansion and acquisition of new assets for operations or investment purposes.