Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Planning

Question:

"Rohit anticipated some future events during the process of planning which could cause loss to the company". Which point of importance of planning is reflected from the above line?

Options:

Promotes innovative ideas

Provides directions

Facilitates Decision-making

Reduces the risk of uncertainty

Correct Answer:

Reduces the risk of uncertainty

Explanation:

The correct answer is option 4 i.e. Reduces the risk of uncertainty.

The point of importance of planning reflected in the given line is: "Reduces the risk of uncertainty." Rohit, by anticipating future events during the planning process, is likely aiming to identify potential risks and uncertainties that could cause loss to the company. Planning helps in mitigating such risks and uncertainties by providing a structured approach to address and navigate through them.