Which of the following type of plan provides specific statements that inform what is to be done?

What are the main points of importance of planning ?

(A) It provides benefits of specialisation.

(B) It helps in obtaining competent personnel.

(C) It promotes innovative ideas.

(D) It establishes standards for controlling.

Choose the correct answer from the options given below:

The function of management that requires taking decisions since it involves making a choice from alternative courses of action is known as:

The purpose of planning is to meet future events effectively to the best advantage of an organisation. Identify the feature of planning highlighted here :

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:

Arrange the following steps of a company's planning process in the correct sequence.

(A) Develop premises

(B) Set objectives

(C) Select an alternative

(D) Implement the plan

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.