BUSINESS ADMINISTRATION
STRATEGIC MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The various functions of management are interrelated and equally important. However, planningprovides the basis of all other functions.
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Planning requires logical and systematic thinking rather than guess work or wishful thinking.
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Planning is required at all levels of management as well as in all departments of the organisation.
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Detailed explanation-1: -Planning requires logical and systematic thinking rather than guess work or wishful thinking. Planning is required at all levels of management as well as in all departments of the organisation.
Detailed explanation-2: -Planning requires logical and systematic thinking rather than guesswork or wishful thinking.
Detailed explanation-3: -Planning requires logical and systematic thinking rather than guess work or wishful thinking. Identify the related feature of planning.-Business Studies. Planning requires logical and systematic thinking rather than guess work or wishful thinking.
Detailed explanation-4: -Option D) All of the above. Setting goals is the first step in planning, and achieving them is the final step.
Detailed explanation-5: -Planning is the mental process that allows us to choose the necessary actions to reach a goal, decide the right order, assign each task to the proper cognitive resources, and establish a plan of action.