Target Exam

CUET

Subject

Business Studies

Chapter

Planning

Question:

Read the following statements and choose the correct option.

Assertion: Planning does not promote innovative ideas as planning is based on certain assumptions.
Reasoning:. Planning presents the requirements towards which the real overall performance may be measured and evaluated.

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:

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

Explanation:

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

Assertion: Planning does not promote innovative ideas as planning is based on certain assumptions. THIS IS NOT TRUE as planning promotes innovative ideas. Since planning is the first function of management, new ideas can take the shape of concrete plans. It is the most challenging activity for the management as it guides all future actions leading to growth and prosperity of the business.

Reasoning:. Planning presents the requirements towards which the real overall performance may be measured and evaluated. THIS IS TRUE as planning establishes standards for controlling. Planning involves setting of goals. The entire managerial process is concerned with accomplishing predetermined goals through planning, organising, staffing, directing and controlling. Planning provides the goals or standards against which actual performance is measured