Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Planning

Question:

The purpose of planning is to meet future events effectively to the best advantage of an organisation.

Identify the feature of planning highlighted here.

Options:

Planning is mental exercise

Planning is futuristic

Planning is continuous

Planning involves decision making

Correct Answer:

Planning is futuristic

Explanation:

The correct answer is option 2 i.e. Planning is futuristic.

Planning is futuristic: Planning essentially involves looking ahead and preparing for the future. The purpose of planning is to meet future events effectively to the best advantage of an organisation. It implies peeping into the future, analysing it and predicting it. Planning is, therefore, regarded as a forward looking function based on forecasting.