Question
Business Studies Question on Planning
"Planning helps the manager to look into the future and make a choice amongst alternative courses of action." Identify the importance of Planning in the above statement.
A
Planning promotes new ideas
B
Planning provides direction
C
Planning facilitates decision making
D
Planning reduces risk of uncertainty
Answer
Planning facilitates decision making
Explanation
Solution
Planning is crucial for facilitating decision making as it enables managers to evaluate different alternatives and select the best course of action.