Identify the correct sequence of steps under the Planning function

Planning is an important function of management which involves defining the following:

(A) Setting objectives

(B) Deciding on plans, actions and strategies to achieve organisational goals

(C) Allocating and arranging resources

(D) Motivating and inspiring people to perform better

Choose the correct answer from the options given below:

In the context of the types of plan, identify the correct statement.

"A manager starts planning before the work begins and when work is accomplished, planning for the other work starts". Identify the feature of planning reflected by the given statement.

Identify the correct statements in the context of the planning.

(A) Planning will be a futile exercise if it is not acted upon or implemented.

(B) Planning implies a process which coordinates human efforts and assembles resources.

(C) Planning is closely connected with creativity and innovation.

(D) Planning is what managers at all levels do.

Choose the correct answer from the options given below:

Identify the potential limitations of Planning:

(A) It increases the creativity.

(B) Managers have poor planning knowledge and skills.

(C) Sometimes plans to be drawn up take too much time.

(D) The costs incurred sometimes may not justify the benefits derived from the plans.

Choose the correct answer from the options given below:

________ is usually developed once but is modified from time to time to meet business needs as required.