CMA Foundation · Fundamentals of Business Economics and Management · Introduction to Management
A newly appointed plant manager at a Pune auto-components firm first sets the production target for the next quarter and decides the steps needed to reach it. Which management function is being performed?
The manager is performing the planning function, because planning involves fixing objectives in advance and deciding the course of action to achieve them. Setting a quarterly production target and the steps to reach it is a forward-looking decision, unlike organizing, staffing or controlling.
- APlanningCorrect
- BOrganizing
- CControlling
- DStaffing
Explanation
Planning means deciding in advance what is to be done and how. Setting a target and outlining the steps to achieve it is planning. Organizing would come later, when resources and duties are arranged to carry out the plan.
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