Question : Plans are guided by past experience. Which relationship does it represents?
Option 1: Planning is viewed as a forward-looking approach
Option 2: Planning is also a backward looking function
Option 3: Controlling is considered a backward looking function
Option 4: Controlling is a forward-looking function.
Correct Answer: Planning is also a backward looking function
Solution : Planning is also a backward looking function as plans are guided by the past experience. Hence option B is correct.
Question : It aims to improve future performance, based on experience gained in the past. Which relationship does it represents?
Question : Plans are prepared for future and based on forecast about future conditions. Which relationship does it represents?
Question : It measures and compare actual performance with standard fixed in the past. Which relationship does it represents?
Question : Adarsh wants to start a business of opening a fast food chain. Arti his friend, told him to perform planning as a function of management, as it precedes all function of management, i.e. organising, staffing, directing and controlling. Identify the feature of planning referred
Question : It aims to ensure whether everything is done according to the pre determine goals.what function of the management is this?
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