Business Studies · Nature and Significance of Management
A company is manufacturing garments. The manager wants to increase profits by purchasing high-speed machines or increasing the sale price or using waste materials in manufacturing stuffed toys. He decided that 'using waste material' is the best solution for him. Identify the concept of management involv ed.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Controlling
- 2Organizing
- 3Planning✓
- 4Directing
Correct answer
Planning
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