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The essence of good management requires that business anticipate and respond to issues in a timely...

The essence of good management requires that business anticipate and respond to issues in a timely way. True of False

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Answer #1

The essence of good management requires that business anticipate and respond to issues in a timely way -

Answer is True

Management involves a whole set of proactive and reactive activities depending on the business requirements. Anticipating the issues and resolving them is a proactive approach whereas responding to the existing issues in a timely way is a reactive approach. Irrespective of what the approach is, the essence of good management is to respond in time to avoid building up of the issues resulting in disruption in the business activities.

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