Planning involves which of the following?
A) Identifying operating tasks that minimize waste
B) Comparing actual performance to expected performance
C) Issuing periodic reports
D) Formulating long-term strategies

Question

Quizplus · Accepted Answer

Planning involves formulating long-term strategies to achieve organizational goals and objectives. While identifying operating tasks that minimize waste and issuing periodic reports may be part of planning, they are not as comprehensive as formulating long-term strategies. Comparing actual performance to expected performance is part of the controlling function of management, not planning.

Planning Involves Which of the Following