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) Controlling
B) Organizing
C) Planning
D) Leading

Question

Quizplus · Accepted Answer

Planning involves setting goals and determining the means for achieving them. In this scenario, the company set new objectives to increase revenues and reduce net losses, which is a planning function.

After Hayworth Publishers Realized That It Was Incurring Losses, It