Business Studies · Planning
Consider the following statements about 'Planning': I. The idea of planning first emerged in applied form, and its theoretical concepts came later. II. Planning strictly means judicious utilization of indigenous resources only. III. Planning needs to have specific goals and objectives. Which of the above statements are correct?
- 1I, II and III
- 2Only I and III✓
- 3Only I and II
- 4Only I
Correct answer
Only I and III
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