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Evaluate the following statements related to the steps in the planning process: Which of the above statements is/are correct?

  1. Formulation of derivative plans is the final step in the process, which involves follow-up and appraisal to ensure the plan is working as intended.
  2. Securing cooperation involves taking subordinates into confidence once the plan is designed, which can lead to motivation and valuable suggestions.
  3. The process begins with the Establishment of Planning Premises, which are assumptions about future events that could happen.

    AAll

    Bi only

    Cii, iii

    Dii only

    Answer:

    D. ii only

    Read Explanation:

    • The final step in the planning process is "Follow up/Appraisal of plans", not the formulation of derivative plans. Derivative plans are secondary plans that help achieve the main plan.

    • The planning process begins with the "Establishment of objectives", not the establishment of planning premises. Planning premises are assumptions about the future that are used to formulate the plan.


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    Evaluate the following statements related to the steps in the organizing process:

    1. The first step in organizing is the Division of Work, where the overall task is broken down into specific jobs and activities.
    2. Assignment of Duties is the step where managers are given the necessary authority and responsibility to perform their tasks.
    3. The final step, Establishing Reporting Relationships, creates the formal hierarchy and communication channels within the organization.