Read the following statements and choose the correct option.

Assertion: Planning bridges the distance between the past and future of an enterprise.
Reasoning:. Planning includes setting goals and and developing appropriate courses of action to achieve those goals.

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

The correct answer is option 4- Assertion (A) is not true but Reasoning (R) is correct.

Assertion: Planning bridges the distance between the past and future of an enterprise. This is not true as planning bridges the distance between the present and future of an enterprise  not past and future.

Reasoning: Planning includes setting goals and and developing appropriate courses of action to achieve those goals. This is true.

Planning is closely connected with creativity and innovation. But the manager would first have to set objectives, only then will a manager know where he has to go. Planning seeks to bridge the gap between where we are and where we want to go. Planning is what managers at all levels do. It requires taking decisions since it involves making a choice from alternative courses of action. Planning, thus, involves setting objectives and developing appropriate courses of action to achieve these objectives. Objectives provide direction for all managerial decisions and actions. Planning provides a rational approach for achieving predetermined objectives.