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GCE Commerce 1990 Question 74

Question 74

Business Management

What is planning?

  1. A.Unification of effort and co-ordination of all activities in pursuance of the same goal
  2. B.Exchange of information among different people in an organisation
  3. C.Giving instructions to ensure that decisions are carried out to achieve a company's objective
  4. D.Division of work and the allocation of duties, authority and responsibilities
  5. E.Anticipating the future and making decisions for future action to achieve company's objective
Show the answer and explanation

Answer: E (Anticipating the future and making decisions for future action to achieve company's objective)

Explanation

Planning is looking ahead and deciding in advance what to do; the others describe co-ordinating, communicating, directing and organising.