alleryIt is said that planning looks ahead and controlling looks back, but in truth both are:
ANeither backward nor forward
BBackward and forward looking
COnly backward looking always
DOnly forward looking always
Answer & Solution
Correct answer: B. Backward and forward looking
1. Planning is guided by past experience.
2. Corrective action aims at future performance.
3. So both look backward and forward.
_Source: syllabus Business Studies Part I, Chapter 8, Controlling._
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