BUSINESS ADMINISTRATION
OFFICE MANAGEMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Planning premises
|
|
|
planning operation
|
|
|
planning assumption
|
|
|
planning alternatives
|
Detailed explanation-1: -The anticipated context in which plans are projected to operate is referred to as Planning Premises.
Detailed explanation-2: -Premises are the base, upon which plans are drawn. e.g. they may be forecasts, existing plans or past information. Forecasts can be made for demand for a particular product, changes in the tax rate, etc.
Detailed explanation-3: -So planning premises provide a framework for planning and action in the midst of uncertainties in the business environment. They imply not only the assumptions about the future but also predictions. Planning premises constitute the framework with which planning is done.
Detailed explanation-4: -“Planning premises are the anticipated environment in which plans are expected to operate. They include assumptions or forecasts of the future and known conditions that will affect the course of plans such as prevailing policies and existing company plans that controls the basic nature of supporting plans.”