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Ludmilka [50]
4 years ago
7

A management guideline that advises managers to commit funds for planning only if in the foreseeable future they can anticipate

a return on planning expenses as a result of the long-range planning analysis is known as the ________.
Business
1 answer:
just olya [345]4 years ago
8 0

Answer: commitment principle                            

 

Explanation: In simple words, it refers to the principle of management which states that managers should plan a project in way that the uses and sources of resources can be visualized for a certain period of time.

Following this principle helps the managers in decision making and operating the business activities more efficiently.

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