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Question
Radha started a home cooked food delivery Dabba service. Her mother, who is a great cook, decided to help her. They relied on friends and family for orders and then on word of mouth. As a step in the process of ensuring that activities are performed as per her plan of supplying healthy, good quality, reasonable food and earning profit, she decided to keep both qualitative and quantitative benchmarks towards which she would strive to work. A function of management is being discussed above. An important characteristic of this function of management is:
Options
It is the first function of management
It is the Last function of management
It is both forward looking and backward looking.
It is required only in business organizations.
Solution
It is both forward looking and backward looking.
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