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Planning — Business Studies STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceBusiness StudiesPlanning1 Mark
Question
Implementing the plan is that step in planning process where other managerial functions also come into the picture. Explain with an example.
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Answer

  1. Setting objectives, i.e., specifying what the organisation want to achieve.
  2. Developing premises, i.e., making certain assumptions about the future.

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