2024 Slot 1Business Studies > MediumFacilitates decision makingReduces overlapping and wasteful activitiesReduces risks of uncertaintyProvides direction✅ Correct Option: 4Related questions:Identify the correct sequence of steps under the Planning functionIdentify the function of management highlighted in the above case.Changes or events cannot be eliminated, but they can be anticipated and managerial responses to them can be developed.' Identify the significance of managerial function highlighted in this statement.