Question : 'Planning involves setting targets and predicting future conditions, thus helping in making a choice.' Which importance of planning is highlighted in the above statement?
Option 1: Planning provide direction
Option 2: Planning reduce overlapping and wasteful activities
Option 3: Planning reduces the risk of uncertainity
Option 4: Planning facilitates decision making
Answer (1)
15th Jan, 2024
Correct Answer: Planning facilitates decision making
Solution :
Planning helps the managers to take various decisions. As in planning goals are set in advance and predictions are made for future. These prediction and goals help the manager to take fast decision.
Hence, option 4 is correct answer.
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