Question

LO 6 The Management Process E10A. BUSINESS APPLICATION Indicate whether each of the following mana activities of a chain of retail stores is part of planning (PL), performing (PE) geme ,eval (E), or communicating (C): a. Leasing five delivery trucks for the current year b. Comparing the actual number with the planned number of customers for the c. Developing a strategic plan for a new store d. Preparing a report showing the past performance of a retail store e. Developing standards, or expectations, for performance of sales staff for next f. Preparing the chain's balance sheet and income statement and distributin year year the board of directors g. Maintaining an inventory of a variety of merchandise h. Formulating a corporate policy for the treatment and disposition of recyclables i. Preparing a report on the types and amounts of recyclables removed from each store in the last three months j. Recording the time taken to deliver online orders to customers

Answer 1

A)here what is planned is performed

B)comparing actuals with budgets is made in evaluation process

C) planning what to do is done in planning phase

D)it is also part of planning phase as we are analysing the results of previous store so that we could plan accordingly

E)it is performance as we are performing our plan to put standards for performance

F)it is communication of results to management

G)it is performance phase as we performing our plan to maintain variety of merchandise

H)planing phase

I) communication

J) it is a part of evaluation