Planning helps in reducing the: |
Need for Direction for action Need for Decision making Risk of uncertainty All of the above |
Risk of uncertainty |
The correct answer is Option 3 i.e. Risk of uncertainty. Planning reduces the risks of uncertainty: Planning is an activity which enables a manager to look ahead and anticipate changes. By deciding in advance the tasks to be performed, planning shows the way to deal with changes and uncertain events. Changes or events cannot be eliminated but they can be anticipated and managerial responses to them can be developed. |