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Consider the following statements regarding Planning in management:

  1. Planning is always a one-time activity designed for a fixed time frame and does not require revision once implemented.
  2. Planning has primacy over other managerial functions as it lays the foundation for organising, staffing, directing and controlling.
  3. Luther Gullick’s acronym POSDCORB includes ‘Controlling’ as its last function.
  4. According to Henry Fayol’s POCCC, ‘Commanding’ is a function distinct from ‘Directing’.

    Aii, iv

    Biv only

    Cii only

    DAll

    Answer:

    A. ii, iv

    Read Explanation:

    • Planning is a continuous process due to the dynamic business environment. Plans must be reviewed and revised.

    • Primacy of planning means it precedes other managerial functions and provides direction.

    • In POSDCORB, ‘B’ stands for Budgeting, not Controlling.

    • Fayol’s POCCC: Planning, Organising, Commanding, Coordinating, Controlling — Here, ‘Commanding’ is broader than ‘Directing’.


    Related Questions:

    Which of the following is NOT a principle of coordination?
    What is the Principle of Primacy of Planning?
    what is the acronym Luther Gullick used to describe the functions of management?
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    In the controlling process, the principle of management by exception means: