Prem Kamboj is working as the top level manager in a business organisation. He has been given the job of preparing the plans for the whole company. Mr Kamboj is an expert in making a correct forecast. At first, he looks for the different options to complete every job, and then on the basis of their evaluation selects the most suitable option. In this way, by taking correct decision and beating his competitors, he is moving forward. To which particular point of the ‘importance of planning’ is the above event related?(a) Planning provides direction.(b) Planning promotes innovative ideas.(c) Planning establishes standards for controlling.(d) Planning facilitates decision making

Prem Kamboj is working as the top level manager in a business organisa

1.	Prem Kamboj is working as the top level manager in a business organisation. He has been given the job of preparing the plans for the whole company. Mr Kamboj is an expert in making a correct forecast. At first, he looks for the different options to complete every job, and then on the basis of their evaluation selects the most suitable option. In this way, by taking correct decision and beating his competitors, he is moving forward. To which particular point of the ‘importance of planning’ is the above event related?(a) Planning provides direction.(b) Planning promotes innovative ideas.(c) Planning establishes standards for controlling.(d) Planning facilitates decision making
Answer» Correct option is (d) Planning facilitates decision making

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