5 Questions
What is the main concern of planning?
Setting objectives and formulating plans
How does planning help in reducing the risk of uncertainties?
By enabling managers to face uncertainty
What does overlapping refer to in the context of planning?
Working relationship not being specifically allocated
Why is planning considered both the need of the organization and the responsibility of managers?
It sets direction for achieving organizational objectives
What does planning provide by stating how work has to be done in advance?
Direction for action
This quiz will test your knowledge on the concept, importance, types, characteristics, steps, and limitations of planning in management. It covers key aspects that managers need to consider when formulating and executing plans for an organization.
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