Which of the following activities involves coordinating and allocating a firm's resources so that the firm can carry out its plans and achieve its goals?
A) organizing
B) resource planning
C) controlling
D) implementing

Question

Quizplus · Accepted Answer

Organizing involves coordinating and allocating resources within a company to achieve its goals. It involves creating a framework in which tasks are designated, responsibilities are outlined, and resources are allocated. This is a crucial aspect of managing a business, as it sets the groundwork for all other activities such as planning, controlling, and implementing. Resource planning is a similar activity, but it is more focused on identifying and allocating specific resources for specific tasks. Controlling involves monitoring and evaluating performance, while implementing involves executing the plan. Therefore, organizing is the best choice for the activity described in the question.

Which of the Following Activities Involves Coordinating and Allocating a Firm's