A manager at a local bookstore is about to allocate extra floor space to an espresso counter when a new coffee shop opens next door.He stops implementation of his plan and instead looks into opening a juice bar.This an example of which of the following?
A) successful budgeting
B) real-time adjustment
C) sequence and timing
D) management by objectives

Question

Quizplus · Accepted Answer

This is an example of real-time adjustment, as the manager is adapting their plan based on a new development (the opening of a coffee shop next door).

A Manager at a Local Bookstore Is About to Allocate