Question : Statement 1: Planning is a backward-looking function of management.
Statement 2: Planning involves setting objectives and determining the best course of action to achieve them.
Option 1: Both statements are true
Option 2: Both are incorrect
Option 3: Statement 1 is true, and Statement 2 is false.
Option 4: Statement 1 is false, and Statement 2 is true.
Correct Answer: Statement 1 is false, and Statement 2 is true.
Solution : The correct answer is (d) Statement 1 is false, and Statement 2 is true.
Statement 1 is incorrect because planning is typically considered a forward-looking function of management. It involves setting future objectives and determining the best course of action to achieve those objectives. Planning is not primarily backward-looking; it's about anticipating and preparing for the future. Statement 2 is true as it accurately describes the process of planning in management.
Question : Statement 1: The management principles of planning, organizing, leading, and controlling are interrelated and interdependent.
Statement 2: Each function supports and complements the others to achieve organizational goals.
Question : Which of the following statement is correct? Statement 1- Manpower planning belongs to staffing function of management. Statement 2- Division of activities and creation of organisational structure belongs to organising function of management.
Question : Assertion: Planning is a forward-looking function of management.
Reason: It involves setting objectives and determining the best course of action to achieve them.
Question : Planning is considered to be a ______ function of management.
Question : Assertion: The management functions of planning, organizing, leading, and controlling are interrelated and interdependent.
Reason: Each function supports and complements the others to achieve organizational goals.
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