Business Studies · Functions of Management
Which of the following reasons best explains why planning is considered the primary function of management?
- 1It is solely concerned with setting long-term, far-reaching goals.
- 2It focuses exclusively on controlling operational costs.
- 3It precedes and provides the essential direction to all other managerial functions.✓
- 4It ensures strict compliance and discipline among employees.
Correct answer
It precedes and provides the essential direction to all other managerial functions.
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