Question

After Hayworth Publishers realized that it was incurring losses, it set new objectives. These objectives were to increase revenues by at least five percent and reduce net losses by at least 80 percent by the end of the next fiscal year. In this scenario, which of the following management functions was most likely involved in setting these goals and determining a means for the company to meet them?a. Controllingb. Organizingc. Planningd. Leading

Answer 1

Answer:

c. Planning

Explanation:

Planning is the method of determining what to do, how to do it, what to do and when.  

It is the method of deciding a plan of action so that the desired outcomes can be achieved.  

This helps narrow the gap between where we are and where we want to go.