After Hayworth Publishers Realized That It Was Incurring Losses, It

question 121

Multiple Choice

After Hayworth Publishers realized that it was incurring losses, it set new objectives. These objectives were to increase revenues by at least five percent and reduce net losses by at least 80 percent by the end of the next fiscal year. In this scenario, which of the following management functions was most likely involved in setting these goals and determining a means for the company to meet them?

• A) Controlling
• B) Organizing
• C) Planning
• D) Leading

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Definitions:

Leader and Members

The dynamic between the individual(s) leading a group, organization, or team and the individuals that form the membership or body of the group.

Goals

Targets or objectives that individuals or organizations aim to achieve within a specified timeframe.

Coleaders

Individuals who share the leadership or facilitation responsibilities in a group setting, working together to guide and manage the group.

Group Members

Individuals who belong to a specific group, sharing common goals or interests.