Vidyalelo
Management · Q224

Business Management

Graduate and Post Graduate · Management · question 224

Q224

Growth and prosperity of any organization depends upon

A.
competition
B.
planning
Answer
C.
division of work
D.
organizing

Answer: Option B

Solution

Answer: Option B
Solution:
Growth and prosperity of any organization depends upon planning. It is the most challenging activity for the management because it leads to the growth and prosperity of the organization. Planning facilitates decision making: Planning is done keeping in mind the future. Planning involves setting targets and predicting future conditions thus helping in taking rational decisions