3 Views

Question : Case Study: GHI Construction Company

GHI Construction Company is a well-known firm in the construction industry. They have been using traditional construction techniques but are now planning to adopt sustainable methods.

The importance of planning for GHI Construction Company lies in:

Option 1: Enhancing employee autonomy
 

Option 2: Limiting financial resources
 

Option 3: Facilitating decision-making process

 

Option 4: Ignoring external opportunities


Team Careers360 11th Jan, 2024
Answer (1)
Team Careers360 21st Jan, 2024

Correct Answer: Facilitating decision-making process


Solution : The correct answer is (c) Facilitating the decision-making process

Planning is crucial for facilitating the decision-making process for several reasons. Planning helps GHI Construction Company set a strategic direction for adopting sustainable construction methods. It involves defining goals, objectives, and the steps needed to transition from traditional to sustainable practices. Through planning, the company can identify the resources required for the adoption of sustainable methods. This includes financial resources, materials, training, and other inputs necessary for a successful transition.

Planning allows GHI Construction Company to anticipate potential challenges and risks associated with the adoption of sustainable methods. By identifying these challenges in advance, the company can develop strategies to mitigate risks and ensure a smoother transition.

Related Questions

UPES Integrated LLB Admission...
Apply
Ranked #28 amongst Institutions in India by NIRF | Ranked #1 in India for Academic Reputation by QS University Rankings | 16.6 LPA Highest CTC
SLAT 2025 - The Symbiosis Law...
Apply
Conducted by Symbiosis International (Deemed University) | Ranked #5 in Law by NIRF | Ranked #2 among best Pvt Universities by QS World Rankings
Jindal Global Law School Admi...
Apply
Ranked #1 Law School in India & South Asia by QS- World University Rankings | Merit cum means scholarships
Symbiosis Law School Pune Adm...
Apply
NAAC A++ Accredited | Ranked #5 by NIRF
Nirma University Law Admissio...
Apply
Grade 'A+' accredited by NAAC
Great Lakes PGPM & PGDM 2025
Apply
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024 | Application Deadline: 1st Dec 2024
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books