Animus Ltd is a mining company. Which of the following is an example of 'planning'?
A) Awarding bonuses to Aimus Ltd's top performing executives
B) Setting production targets for the company's new mines
C) Developing correction actions to respond to lower-than-expected production levels in the existing mines
D) Pursuing legal actions against environmental activists who stole mining equipment

Question

Quizplus · Accepted Answer

Setting production targets for the company's new mines is an example of planning as it involves setting a future goal and determining the necessary steps to achieve it. Awarding bonuses, pursuing legal actions, and developing correction actions are all reactive measures in response to past or current events, rather than proactive planning for the future.

Animus Ltd Is a Mining Company