Question : Which of the following is not a feature of planning?
Option 1: Planning is futuristic
Option 2: Planning is pervasive
Option 3: Planning establishes standard for controlling
Option 4: Planning focuses on achieving objectives
Correct Answer: Planning establishes standard for controlling
Solution : Planning establish standard for controlling:- The base yardstick or the standard for comparing actual performance in controlling is given by planning. This is importance of planning not feature. Hence, option 3 is the correct answer.
Question : All other managerial function are performed within the framework of the plans drawn. Identify the related feature of planning.
Question : A plan is framed, implemented and followed by another plan and so on. Which feature of planning is highlighted in the above case?
Question : Sales forecasting is the basis on which a business firm prepares its annual plan for production and sales which feature of planning is highlighted in the above case?
Question : Planning is first and foremost an activity to achieve desired results. In the context of planning. Which of the following is not correct?
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