Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Planning

Question:

Planning is primary function of management because:

Options:

It is done before anything

It helps in setting up the base for other activities

All other managerial functions are performed within the framework of the plans drawn

All of the above

Correct Answer:

All of the above

Explanation:

The correct answer is option 4 i.e. all of the above.

Planning is a primary function of management: Planning lays down the base for other functions of management. All other managerial functions are performed within the framework of the plans drawn. Thus, planning precedes other functions. This is also referred to as the primacy of planning. The various functions of management are interrelated and equally important. However, planning provides the basis of all other functions.