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Question : Statement 1: Planning is a backward-looking function of management.

Statement 2: Planning involves setting objectives and determining the best course of action to achieve them.

Option 1: Both statements are true
 

Option 2: Both are incorrect
 

Option 3: Statement 1 is true, and Statement 2 is false.

 

Option 4: Statement 1 is false, and Statement 2 is true.

 


Team Careers360 21st Jan, 2024
Answer (1)
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Team Careers360 22nd Jan, 2024

Correct Answer: Statement 1 is false, and Statement 2 is true.


Solution : The correct answer is (d) Statement 1 is false, and Statement 2 is true.

Statement 1 is incorrect because planning is typically considered a forward-looking function of management. It involves setting future objectives and determining the best course of action to achieve those objectives. Planning is not primarily backward-looking; it's about anticipating and preparing for the future. Statement 2 is true as it accurately describes the process of planning in management.

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