Question

State with reasons whether the following statement is TRUE or FALSE :

Planning is of vital importance in the management process.

Options

• True

• False 

Answer 1

Planning is of vital importance in the management process. - True
Explanation: Planning is vital in the process of management, as it defines the goals and objectives to be achieved. These goals and objectives, as stated in the plan, guide the managers in deciding the course of action to be followed for the achievement of those goals.