If a shop owner sets a daily sales target and checks the result in the evening then this is an example of what?
Answer and explanation
Correct answer: Management process
Setting targets and checking results are parts of the management process. In exams identify planning and controlling together.
Frequently asked questions
What is the correct answer to this question?
Management process
Why is this the correct answer?
Setting targets and checking results are parts of the management process. In exams identify planning and controlling together.
Which subject and chapter does this question cover?
This is a Class 12 Business Studies question. Chapter: Nature and Significance of Management. Topic: Management concept.