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Business Studies

Coordination & Importance of Coordination

State with re...

Question

State with reasons whether the following statement is True or False.
Planning has no vital importance in the process of management.

A

True

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B

False

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Solution

The correct option is B False
B. False
Planning is the primary function of management. It refers to the process of determination of the organizational goals, selecting a course of action to achieve theses goals, development of tasks to achieve theses goals, arranging the resources, determination of assessment and tracking of the plans and finalization of such plans.

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Top level management performs the function of planning.

Q. "Planning is an important function of management." State any five reasons in favour of the statement.

Q. State with reasons whether the following statements are TRUE or FALSE :

1. Planning is an intellectual process.
2. Every action in the organization is initiated through directing.
3. Staffing is just to determine the number of people required in the organization.
4. Controlling is the indispensable function of management.
5. Co-ordination is the essence of management.
6. Planning function alone can help to achieve organizational objectives.
7. Staffing is one-time process as people have to be appointed once.
8. Planning and controlling are interdependent and interlinked activities.
9. Co-ordination is same as co-operation.
10. Corrective action is not possible through controlling.
11. Planning is of vital importance in the management process.
12. Staffing includes human resource management.
13. Directing is not required at all in management of the organization.
14. organising is the process of defining and grouping the activities of the organization.
15. Co-ordination is needed at all the levels of management.
16. Directing function is not directly related with human factor.
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Principles of management are rigid.

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Lower level management is engaged in policy making.

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