Given below are two statements. read them carefully and choose the correct statement from the given options.

Statement 1:  Planning cannot prevent problems from occuring.

Statement 2:  Without planning, the other functions of management will be ineffective. 

Both 1 and 2

Planning is the function of determining in advance what is to be done and who is to do it. This implies setting goals in advance and developing a way of achieving them efficiently and effectively. Planning cannot prevent problems, but it can predict them and prepare contingency plans to deal with them if and when they occur. Without planning, the other functions of management will be ineffective.