CUET Business StudiesBusiness Studies > MediumProvides directionReduces risks of uncertaintyReduces overlapping and wasteful activitiesFacilitates decision making✅ Correct Option: 4Related questions:27 May Shift 2Match List-I with List-II List-IList-IITypes of PlanExplanation(A) Policy(I) Provide the prescribed ways or manner in which a task has to be performed(B) Rules(II) It is a plan which quantifies future activities(C) Methods(III) General statements that guide thinking or channelize energy towards a particular direction.(D) Budget(IV) Specific statements that inform what is to be done. Choose the correct answer from the options given below:2 June Shift 2Which among the following is NOT related with the benefits of planning?16 May Shift 1Choose the correct order of planning process. (A) Developing Premises (B) Evaluating alternative courses (C) Identifying alternative courses of action (D) Implementing the plan Choose the correct answer from the options given below: