GK
BUSINESS MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Planning gives direction.
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Planning maximises redundancy.
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Planning reduces the need for standards.
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Planning eliminates the need for management attention.
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Detailed explanation-1: -Planning involves setting objectives and stating the ways to achieve them. This clearly defines what the employees have to do, when to do, how to do and for whom to do. Thus, planning provides direction to employees and departments to work in coordination, when they are aware of what is to be done.
Detailed explanation-2: -(d) Planning focuses on achieving objectives. Explanation: (b) Planning is basically an intellectual activity of rational thinking.
Detailed explanation-3: -By stating in advance how work is to be done, planning provides direction for action. Planning ensures that goals and objectives are clearly defined so that, they act as a guide for deciding what action should be taken and in which direction.
Detailed explanation-4: -The correct answer is Programme. Based on what the plans seek to achieve, plans can be classified as Objectives, Strategy, Policy, Procedure, Method, Rule, Programme, Budget. Objectives: The first step in planning is setting objectives.