Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Planning

Question:

"Planning lays down the base for other functions of management. All other managerial functions are performed within the framework of the plans drawn".

Which of the following feature of planning is being described here?

Options:

Planning is Pervasive

Planning is primary function

Planning is futuristic

Both 1 and 2

Correct Answer:

Planning is primary function

Explanation:

The correct answer is option 2 i.e. Planning is a primary function.

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 but planning provides the basis of all other functions.