Which one is not the characteristics of Planning

Planning results in decreasing _________

Which of the following is not a benefit of planning

Which of the following is a benefit of planning

Planning involves decision Making

Sanjivan Madan is working as the sales manager in the ‘Sharda Shopping Mall’. He is preparing a sales plan for his department. He is taking the help of forecast as the base of the form of his sales plan. He is of the view that a good plan can be prepared by learning about the possibilities of future events and conditions through the medium of forecast. The plan being prepared by Sanjivan is very important as the production plan and other plans of business are prepared on this very basis. Identify the feature of planning in above event.

‘Chandra Chemicals Ltd.’ is a newly established company of its industry. The goals of the company have been very well defined. The employees know what the organisation aims at doing and what they should do for the realisation of the goal. The company did the planning in such a way that all the departments and employees are able to work in coordination. This is the very result of successful planning that the company is moving forward on the path of success. On the basis of the event stated above tell why planning is important

Assertion - Planning is pervasive

Reason - Planning is not required at all levels of management as well as in all departments of organization

Assertion - Planning establishes standards for controlling

Reason - Helps the manager to look into the future and make a choice from various alternative courses of action