When managers identify a market trend that suggests a new opportunity and then devise a strategy to go after this new opportunity, they are involved in the function of
A) controlling.
B) planning.
C) leading.
D) organizing.

Question

Quizplus · Accepted Answer

Planning is the management function that includes anticipating trends and determining the best strategies and tactics to achieve organizational goals and objectives.

When Managers Identify a Market Trend That Suggests a New