The Process of Planning Business Actions in the near Future

question 10

Multiple Choice

The process of planning business actions in the near future and expressing them as formal plans of action is called:

• A) Budgeting.
• B) Goal congruence.
• C) Budgetary slack.
• D) Resource consumption accounting.
• E) Financial Accounting.

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Definitions:

Initiative

The ability to assess and initiate things independently, often taking the lead in making decisions or proposing new ideas.

Behavioural Leadership

A leadership approach focused on observing and analyzing the behaviors of leaders and their effects on team performance and motivation.

Recurring Pattern

A repeated or habitual sequence of actions, behaviors, or events.

Supportive Leadership

A leadership style characterized by a focus on building relationships, encouraging open communication, and supporting employees in their personal and professional development.