Given below are two statements:
Statement I: Planning is concerned with both ends and means, where ‘ends’ refers to how the work is to be done.
Statement II: Planning will be a futile exercise if it is not acted upon or implemented.
In the light of the above statements, choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 4
The correct answer is Option (4) → Statement I is incorrect but Statement II is correct.
Statement I: Planning is concerned with both ends and means, where ‘ends’ refers to how the work is to be done. — False. Ends are what is to be done. How the work is to be done is the means.
Statement II: Planning will be a futile exercise if it is not acted upon or implemented. — True. A plan is useful only when it is put into action.
NCERT (2026-27 Edition): “Concept … Therefore, planning means setting objectives and targets and formulating an action plan to achieve them. It is concerned with both ends and means i.e., what is to be done and how it is to be done. The plan that is developed has to have a given time frame but time is a limited resource. It needs to be utilised judiciously. If time factor is not taken into consideration, conditions in the environment may change and all business plans may go waste. Planning will be a futile exercise if it is not acted upon or implemented. …” |