Boardroom meetings, expert consultations and preliminary investigations mean planning:
ANeeds no experts
BSaves every rupee
CInvolves huge costs
DIs always free
Answer & Solution
Correct answer: C. Involves huge costs
1. Checking facts takes time and money.
2. Incidental costs add up.
3. So planning involves huge costs.
_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?