Which of the following is true about planning?
A)It fosters organizational flexibility.
B)It adversely affects profitability.
C)It creates an environment of uncertainty.
D)It gives direction to managerial efforts.
E)It quickens adaptation to change.

Question

Quizplus · Accepted Answer

Planning gives direction to managerial efforts and helps managers make informed decisions. It helps managers prioritize tasks and allocate resources effectively, leading to increased productivity and profitability. Planning also helps organizations adapt to change and foster flexibility rather than creating an environment of uncertainty.

Which of the Following Is True About Planning