The annual plan of Gupta Traders runs from April to March. At the end of March, the firm draws up a new plan for the next year on the basis of new requirements.
Which feature of planning is shown here?
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) → Planning is continuous
Option (1) Planning is continuous — Correct. Gupta Traders’ plan covers one year. When the year ends, the firm draws up a new plan for the new requirements. Plans keep following one another, so planning is continuous.
Option (2) Planning is futuristic — Incorrect. Futuristic means looking ahead and planning on the basis of forecasts. The firm’s case is about a new plan replacing the old one at the end of each period.
Option (3) Planning is pervasive — Incorrect. Pervasive means planning is done at all levels and in all departments. The case says nothing about levels or departments.
Option (4) Planning is a primary function of management — Incorrect. Primary function means planning comes before the other functions of management. The case is about one plan period following another.
NCERT (2026-27 Edition): “(iv) Planning is continuous: Plans are prepared for a specific period of time, may be for a month, a quarter, or a year. At the end of that period there is need for a new plan to be drawn on the basis of new requirements and future conditions. Hence, planning is a continuous process. Continuity of planning is related with the planning cycle. It means that a plan is framed, it is implemented, and is followed by another plan, and so on.” |