Target Exam

CUET

Subject

Business Studies

Chapter

Planning

Question:

Read the following statements and choose the correct option.

Assertion: Planning is a primary function of management.
Reasoning:. All other managerial functions are performed within the framework of the plans drawn.

Options:

Both Assertion (A) and reasoning (R) are correct and R is the correct explanation of A.

Both Assertion (A) and reasoning (R) are correct and but R is not the correct explanation of A.

Assertion (A) is true but Reasoning (R) is not correct.

Assertion (A) is not true but Reasoning (R) is correct.

Correct Answer:

Both Assertion (A) and reasoning (R) are correct and R is the correct explanation of A.

Explanation:

The correct answer is option 1- Both Assertion (A) and reasoning (R) are correct and R is the correct explanation of A.

Assertion: Planning is a primary function of management. THIS IS TRUE. Planning is indeed a primary function of management. It involves setting objectives and determining the best course of action to achieve those objectives.
 
Reasoning:. All other managerial functions are performed within the framework of the plans drawn. THIS IS TRUE. It is true that all other managerial functions (like organizing, leading, and controlling) are performed within the framework of the plans drawn. Effective planning provides the basis for organizing resources, leading teams, and controlling activities to ensure that objectives are met.

Thus, Reasoning (R) correctly explains why Assertion (A) is true.

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.