Planning looks ahead and is based on forecasting, which makes it:
AAccidental
BFuturistic
CHistoric
DMomentary
Answer & Solution
Correct answer: B. Futuristic
1. It prepares for future events.
2. Sales forecasts drive the annual plan.
3. So planning is futuristic.
_Source: NCERT Class 12 Business Studies Part I, Chapter 4, Planning._
Related questions
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