Question

If the executives for OfficeMax developed the chain's objectives by asking buyers and store managers to forecast sales and merchandise for the next year, and then transmitted those estimates up the organization to the top level, it would be an example of ________ planning.

Answer 1

Answer:

Bottom Up planning

Explanation:

The reason is that the company includes the market assessment of the lower level management. When the company formulates its strategy by acquiring useful data from the lower management then the planning is called bottom up planning because much of the data comes from the lower management.