Business Studies True/False

False.Explanation:
As the success of an enterprise is possible only when plans are properly drawn up and implemented.

True.Explanation:
As planning evaluates the alternatives uses of the available and prospective resources of the business and makes the most appropriate use of them.

False.Explanation:
As it is an Objective. They are the ends towards which the activities are directed. Policies are general statement to guide thinking for managerial decision making.

True.Explanation:
As planning always means looking ahead, it is never for the past. All the managers try to make predictions and assumptions for future.

True.
Explanation:
As planning helps the managers to look into the future and make a choice from amongst various alternative courses of action.

False.
Explanation:
As Strategy is a comprehensive plan to achieve the organisational objectives.

True.
Explanation:
As planning requires high thinking and it is an intellectual process. So, it makes the managers innovative and creative.

False.Explanation:
As Procedures are required steps established in advance to handle future conditions. A procedure can be defined as the exact manner in which an activity has to be accomplished.