Planning activities are the means an organization uses to pay for resources like land, buildings, and equipment to carry out its plans.

Question

Quizplus · Accepted Answer

Planning activities involve the process of setting goals and objectives, determining resources needed to achieve them, and developing strategies to achieve them. However, paying for resources is part of the financial management and budgeting of an organization, which is separate from planning activities.

Planning Activities Are the Means an Organization Uses to Pay