Planning Can't Eliminate Change

question 61

Multiple Choice

Planning can't eliminate change.Managers plan in order to ________.

• A)maximize the overlap in work activities
• B)anticipate changes and develop the most effective response
• C)reduce or eliminate the need for controls
• D)eliminate uncertainty

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Definitions:

Goods And Services

The products (goods) and activities (services) that are produced and provided to satisfy consumers' wants and needs.

Trade Balance

The difference between the monetary value of a nation's exports and imports over a certain period, indicating a surplus if exports exceed imports or a deficit otherwise.

Exports

Goods or services that are produced in one country and sold to buyers in another, contributing to the exporting country's economy.

Imports

Goods and services bought from foreign countries for domestic consumption.