Question : Statement 1: Planning does not leads to effective resource utilization.
Statement 2: Planning discourages goal achievement.
Option 1: Both statements are correct.
Option 2: Only statement 1 is correct.
Option 3: Only statement 2 is correct.
Option 4: Neither statement 1 nor statement 2 is correct.
Correct Answer: Neither statement 1 nor statement 2 is correct.
Solution : The correct answer is (d) Neither statement 1 nor statement 2 is correct.
Statement 1 is incorrect. Planning, when done effectively, aims to optimize resource utilization by allocating resources efficiently and aligning them with organizational goals. Planning helps organizations make informed decisions to achieve their objectives.
Statement 2 is also incorrect. Planning is a fundamental process for setting goals, identifying the steps needed to achieve them, and developing strategies to reach those objectives. Planning encourages goal achievement by providing a structured approach to realizing organizational aims.
Therefore, Neither statement 1 nor statement 2 is correct.
Question : Statement 1: Planning leads to effective resource utilization.
Statement 2: Planning facilitates goal achievement.
Statement 2: Planning facilitates direct recruitment in the organistion.
Question : Statement 1: Planning involves setting objectives.
Statement 2: Planning is concerned only with resource allocation.
Question : Statement 1: A budget is a financial plan.
Statement 2: Budgeting helps in resource allocation.
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile