Question
Business Studies Question on Planning process
Sales forecasting is the basis on which a business firm prepares it's annual plan for production and sales'. Identify the feature of planning highlighted in the above sentence.
A
Planning is dynamic
B
Planning is a primary function of management
C
Planning is a mental exercise
D
Planning is futuristic
Answer
Planning is futuristic
Explanation
Solution
The correct option is (D): Planning is futuristic