Question

Which of the following information regarding ‘premises’ is not true?

1. They are assumptions
2. They must be the same for all
3. There must be total agreement on them
4. Managers can skip making them for future planning

Options

• Only 4

• 2, 4.

• 2, 3, 4.

• Only 3

Answer 1

Only 4

Explanation:

• Statement 1 is True- Premises are assumptions used as the basis for planning.
• Statement 4 is False- Managers cannot skip making assumptions; they are essential for future planning.