Which Description Defines the Planning Function of the Management Process

question 55

Multiple Choice

Which description defines the planning function of the management process?

• A) Guiding and motivating employees to meet organizational objectives
• B) Discussing how best to arrange an organization's resources into a coherent structure
• C) Scanning the business environment for threats and opportunities
• D) Determining what an organization needs to do and how best to get it done
• E) Monitoring a firm's performance to make sure that it is meeting its goals

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Definitions:

Fill Weights

The predetermined or measured weights of product that fill a container or package.

Standard Deviation

An indicator showing how much a group of values diverges or spreads out.

Finite Population Correction Factor

A factor applied to the calculation of standard errors when sampling from a finite population to adjust for the sample size relative to the population size.

Sample Mean

The average value obtained from a sample, a subset of a larger population.