CUET Business StudiesBusiness Studies > MediumProvides directionReduces risks of uncertaintyReduces overlapping and wasteful activitiesFacilitates decision making✅ Correct Option: 4Related questions:30 May Shift 1Arrange the following steps involved in the Planning Process in proper order. Make certain assumptions about the future. Identify all alternative courses of action Decide what the organization is set to achieve Adopt the best alternative Choose the correct answer from the options given below:30 May Shift 1Match List-I with List-II List-IList-II(A) Objective(I) The first step in planning.(B) Policy(II) It provides a basis for interpreting strategy.(C) Rule(III) It includes the entire gamut of activities as well as the organisation’s policy.(D) Programme(IV) A specific statement that informs what is to be done. Choose the correct answer from the options given below:13 May Shift 1_______ involves setting objectives, developing appropriate courses of action and providing a rational approach to achieve these objectives.