Question : Which of the following is not a component of the planning process?
Option 1: Setting goals and objectives
Option 2: Allocating resources
Option 3: Implementing plans
Option 4: Controlling performance
Correct Answer:
Allocating resources
Solution : The correct answer is (b) Allocating resources
While allocating resources is an essential aspect of implementing plans, it is not typically considered a distinct component of the planning process itself. Instead, it is part of the implementation phase, where resources are assigned and distributed according to the established plans.