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question_answer1) Direction: There are two statements marked as Assertion [A] and Reason [R]. Read the statements and choose the appropriate option from the options given below Assertion [A] Managers need to be given some flexibility to be able to cope with the changed circumstances. Reason [R] Planning reduces creativity.
question_answer2) Direction: There are two statements marked as Assertion [A] and Reason [R]. Read the statements and choose the appropriate option from the options given below Assertion [A] The various functions of management are interrelated, however, planning provides the basis for all other functions. Reason [R] Planning is a continuous activity.
question_answer3) Direction: There are two statements marked as Assertion [A] and Reason [R]. Read the statements and choose the appropriate option from the options given below Assertion [A] Through planning, the uncertain events or changes can be anticipated and eliminated. Reason [R] Planning reduces the risk of uncertainty.
question_answer4) Direction: There are two statements marked as Assertion [A] and Reason [R]. Read the statements and choose the appropriate option from the options given below Assertion [A] Sales forecasting is the basis on which a business firm prepares its annual plan for production and sales. Reason [R] Planning is a primary function of management.
question_answer5) Direction: There are two statements marked as Assertion [A] and Reason [R]. Read the statements and choose the appropriate option from the options given below Assertion [A] Competition in the market can upset financial plans. Reason [R] Planning leads to rigidity.
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