Home › CBSE Class 12 (Commerce) › Business Studies › Planning › Planning reduces the risk of uncertainty because…
Planning reduces the risk of uncertainty because a manager is able to
Alook ahead and anticipate changes
Bremove all changes in the environment
Cstop rivals from entering the market
Davoid making any key decisions
Answer & Solution
Correct answer: A. look ahead and anticipate changes
Changes cannot be eliminated, but anticipating them lets managers prepare responses in advance.
Related questions
The steps for reporting progress in production are an example of aA company decides whether to make or buy packages and how to select vendors. Which policy At the lowest level of management, who does day-to-day operational planning?In an organisation, who does the departmental planning?Who usually sets the broad objectives that guide the overall planning of an organisation?In what form should objectives ideally be expressed?A detailed statement of a project covering objectives, policies, procedures, rules, resourWhich plan allows no flexibility or discretion in action?