The Management Function Concerned with Anticipating Future Trends and Determining

question 178

Multiple Choice

The management function concerned with anticipating future trends and determining the best strategies to achieve an organization's goals and objectives is known as

• A) directing.
• B) leadership.
• C) planning.
• D) forecasting.

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Definitions:

Sample Mean

The average of all observations or data points in a sample.

Random Sample

A subset of a statistical population in which each member has an equal chance of being chosen for analysis or observation.

University Committee

A group of faculty members and sometimes students who come together to make decisions or manage certain aspects of university governance.

Standard Deviation

Standard Deviation is a statistic that measures the dispersion of a dataset relative to its mean, indicating how spread out the data points are.