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Consider the following statements regarding the characteristics of planning:

  1. Planning is an all-pervasive function that is required only at the top level of management for setting organizational goals.
  2. Planning is a goal-oriented process that sets the objective and provides a sense of direction to various activities within the organization.
  3. Planning is an intellectual process that involves a synthesis of forecasts and requires judgmental and imaginative thinking, not mere guesswork.

    Aii, iii

    BAll

    CNone of these

    Dii only

    Answer:

    A. ii, iii

    Read Explanation:

    Planning is "all-pervasive" and "is needed at every level of management and everywhere in enterprise". While top management is involved in planning, it is not the only level.


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