Assertion (A) The basic planning process always involves setting objectives, forecasting and assessing basic planning 'premises' or assumptions, determining alternatives causes of actions, evaluating which options are best and then choosing and implementing plan.
Reason (R) There is usually a hierarchical aspect to managerial planning. Top management approves a long-term or strategic plan. Then each department creates its own budgets and other plans to fit and to contribute to company's long term plan.
A. (A) is right and (R) is wrong
B. (A) is wrong and (R) is right
C. (A) and (R) both are right and (R) explains (A)
D. (A) and (R) both are right, but (R) does not explain (A)
Answer: Option C
Related Questions on Business Management
The Practice of Management written by __________.
A. Peter F Drucker
B. Terry
C. Louis Allan
D. Hendry Fayol
The first man who advocated the view that the management should and can be taught is.
A. harold Koontz
B. Terry
C. Louis Allan
D. Hendry Fayol
The first worman authority in management is.
A. Mary Parkett
B. Lillian Gilberth
C. White Head
D. Elton Mayo
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