Which of the Following Statements Is True of Planning

question 27

Multiple Choice

Which of the following statements is true of planning? 

• A) ​It is one of the best ways to improve performance. 
• B) ​It is the last function of management. 
• C) ​It involves monitoring progress toward goal achievement. 
• D) ​It involves hiring and leading workers.

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Definitions:

Efficiency Evaluation

The process of assessing how effectively and economically resources are utilized to achieve desired outcomes.

Service Operation

The activities involved in delivering services to customers, focusing on effectively and efficiently meeting service requirements and ensuring customer satisfaction.

Calling Population

The group of entities from which a sample is drawn for research or surveying purposes, especially in telecommunications and marketing.

Queuing Theory

The mathematical study of waiting lines, or queues, aiming to predict queue lengths and waiting times.