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Question

Which of the following would be a part of planning?

A
Problem-solving
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B
Decision making
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C
Both (a) and (b)
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D
None of the above
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Solution

The correct option is B Both (a) and (b)
Planning consists both of problem solving and decision making. Plans are made for uncertainties which helps in solving and overcoming the situations properly. Planning also helps to take various decisions. Therefore planning is of great importance and thus a primary function of management.

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Scope of Planning
BUSINESS STUDIES
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