Planning seeks to bridge the gap between where we are and:
AWhen the year ends
BWhere we want to go
CWhat we used to own
DWho our rivals are
Answer & Solution
Correct answer: B. Where we want to go
1. Objectives give the destination.
2. Planning bridges the gap to it.
3. It concerns both ends and means.
_Source: NCERT Class 12 Business Studies Part I, Chapter 4, Planning._
Related questions
The push for continuous improvement in processes and products came in part from:Plans that are placed on a shelf and never revisited show a failure to value:Effective control systems rest, above all, on good:Planning and controlling are described in effective organisations as being:Controls applied while the work is under way are called:Controls used after the product or service is finished, to examine output, are:Controls used before work begins, to prevent deviation from the plan, are:Which is one of the three types of that once-only plan?