Which of the following states that a specific and definite action is to be taken or not to be taken?

Identify the correct sequence of the Planning Process:

A. Developing premises

B. Selecting an alternative

C. Implementing the plan

D. Setting objectives

Choose the correct answer from the options given below:

Arrange the following steps of the planning process adopted by XYZ Ltd. in the correct sequence.

(A) XYZ Ltd. has decided to increase their sales by 20% in the financial year 2025-26.

(B) After carefully considering the alternatives, they have decided to try selling their products through e-commerce websites.

(C) After registering with the e-commerce websites, the plan will become operational.

(D) XYZ Ltd. has identified three options: increase in price, use of social media influencers for promotion and selling through e-commerce websites.

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:

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:

_______involves setting objectives and developing appropriate courses of action to achieve these objectives.

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.