Question

Which of the following is true with respect to planning function?

Answer 1

Explanation:

(a) Planning is a pre-requisite for controlling.

(b) Planning does not lead to rigidity.

(c) Planning enables a manager to look ahead and anticipate changes.

(d) Planning facilitates co-ordination among departments and individuals in the organisation.

Answer 2

Planning is one of the most important functions of any business organization. It helps to understand and provide the next steps in order to achieve the goals of the organization.

• It helps to lay down standards and guide the employees so as to work accordingly to meet the organizational objectives.

• It helps to monitor the employee's work according to the standards set by the planning team.

• It helps to analyze the future and work according to the changes in the various dimensions of business.

• There is always a scope of change after a particular plan is made