Asked by Brooklyn Roller on Jul 15, 2024
Verified
At the beginning of every month, the owners of a small bakery define the major objectives for that month (for example, the profit needed for that month) . They also try to anticipate any problems or issues that could prevent them from reaching their objectives, and create a plan of action if needed. At the end of the month, they check to see if they met their objectives. Creating such good plans, will help them to
A) make sure their business is always successful.
B) ensure they are always prepared.
C) keep a results-driven sense of direction.
D) identify opportunities.
E) be better organized.
Profit
The financial gain realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.
Anticipate Problems
The ability to foresee potential issues or obstacles in advance and prepare to address them.
Results-Driven
A focus or strategy that emphasizes achieving specific outcomes or goals, often within a particular time frame.
- Comprehend the fundamental aspects of planning involved in setting objectives and laying out strategies to fulfill them.
Verified Answer
Learning Objectives
- Comprehend the fundamental aspects of planning involved in setting objectives and laying out strategies to fulfill them.
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