Which of the following shows the relationship between planning and controlling?
Solution
✅ Correct Option: 1
Option 1 -> Both reinforce each other - Planning sets goals and standards, while controlling monitors performance against these plans and provides feedback to improve future planning, creating a continuous cycle. Option 2 -> Both are unrelated to each other - This is incorrect as planning and controlling are interdependent management functions that work together closely. Option 3 -> Both are substitutes of each other - This is incorrect because planning and controlling complement each other rather than replace one another; both are essential. Option 4 -> Both are separable twins of management - This is incorrect terminology; they are called "Siamese twins" (inseparable twins) of management, not separable twins. Hence, Option 1: Both reinforce each other -> Planning provides the standards and benchmarks, while controlling compares actual performance with planned targets and provides feedback for corrective action and future planning. They form an integrated cycle where controlling depends on planning for standards, and planning is improved through controlling feedback, thus continuously reinforcing each other -> correct