Tax planning ahead of time is an example of
Question 20 options:

procrastination.

micromanagement.

macromanagement.

operating expenses.

micromanagement

Explanation:

"Micromanagement" refers to a managing style whereby the manager supervises his employees very closely. He does this to make sure that everything goes according to plan. In order to do this, he tells his employees about minute details of his plans and expects them to follow.

Tax planning ahead of time is an example of "micromanagement." The manager makes sure that he will not have any problems such as tax time surprises.

Nevertheless, many say that micromanaging is not that beneficial since it makes the employees very timid for they do not have a say in running the business. All they need to do is to follow what their managers want. The managers then becomes busier and puts more effort into the planning and decision-making.

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