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Home Questions 2XFGCU3A7J
Target Exam

CUET

Subject

Business Studies

Chapter

Planning

Question:

Match the following lists.

LIST I LIST II
A) Planning provides direction I) Manager looks ahead and anticipate changes
B) Planning reduces risk II) Managers make choice from various
alternative course of action
C) Planning reduces wasteful activities III) Stating in advance how work is done
D) Planning facilitates decision making IV) Ensures clarity in thought and
redundant activities are minimized

Choose the correct answer from the options given below.

Options:

A-III, B-I, C-IV, D-II

A-III, B-IV, C-I, D-II

A-I, B-II, C-IV, D-III

A-II, B-I, C-IV, D-III

Correct Answer:

A-III, B-I, C-IV, D-II

Explanation:

The correct answer is option 1- A-III, B-I, C-IV, D-II.

LIST I LIST II
A) Planning provides direction III) Stating in advance how work is done
B) Planning reduces risk I) Manager looks ahead and anticipate changes
C) Planning reduces wasteful activities IV) Ensures clarity in thought and
redundant activities are minimized
D) Planning facilitates decision making II) Managers make choice from various
alternative course of action

 

* Planning provides direction: By stating in advance how work is to be done planning provides direction for action. Planning ensures that the goals or objectives are clearly stated so that they act as a guide for deciding what action should be taken and in which direction.

* Planning reduces risk: Planning is an activity which enables a manager to look ahead and anticipate changes. By deciding in advance, the tasks to be performed, planning shows the way to deal with changes and uncertain events and reduce the level of risks.

* Planning reduces wasteful activities: Planning helps in avoiding confusion and misunderstanding. Since planning ensures clarity in thought and action, work is carried on smoothly without interruptions. Useless and redundant activities are minimized or eliminated. 

* Planning facilitates decision making: Planning helps the manager to look into the future and make a choice from amongst various alternative courses of action, which means that it facilitates decision making.

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