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Planning — Business Studies STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceBusiness StudiesPlanning1 Mark
MCQ
"All other managerial functions are performed within the framework of the plans drawn. Thus, it can be said that planning preceeds other functions." This statement describes which function of planning?
  • A
    Planning focuses on achieving objectives.
  • B
    Planning is pervasive.
  • ✓
    Primacy of planning.
  • D
    Planning is futuristic.
✓

Answer

Correct option: C.
Primacy of planning.
Planning lays down foundation for all other functions of management. First plans are formulated then action is taken.

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