Question

A firm wants to increase its sales by 25% in the coming year. Suggest two steps which should be examined critically by a manager.

Answer 1

Two steps which should be examined critically by a manager are:

(i) Planning is concerned with the future, which is uncertain. Thus, it is required that a manager should make assumptions for the future.

(ii) Manager should think twice before selecting an alternative, as it is the real point of decision- making.