"Uber’s first challenge is managing for competitive advantage. What function of management is most closely related to setting goals to remain competitive?"

Question

"Uber’s first challenge is managing for competitive advantage. What function of management is most closely related to setting goals to remain competitive?"

Accepted Answer

Answer: Planning function of managementExplanation:Planning function of management is concerned with setting the objectives of future performance and to evaluate the need of resources required to achieve those objectives.In the given case, uber wants to manage their competitive advantage. Therefore the managementshould plan their policiesin such away that company can maintain their traits that are giving them advantage in market over others....

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"Uber’s first challenge is managing for competitive advantage. What function of management is most closely related to setting goals to remain competitive?"

"Uber’s first challenge is managing for competitive advantage. What function of management is most closely related to setting goals to remain competitive?"