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What is the Principle of Primacy of Planning?

APlanning is a never-ending process due to the dynamic business environment.

BPlanning precedes all other managerial functions and lays the foundation for them.

CPlanning should be flexible and able to adapt to changing situations.

DPlanning is an all-pervasive function important to all managers regardless of their level.

Answer:

B. Planning precedes all other managerial functions and lays the foundation for them.

Read Explanation:

The Principle of Primacy of Planning states that planning is the first and foremost function in the management process. It precedes all other managerial functions and serves as a guide for organizing, staffing, directing, and controlling, creating a framework for all other functions.

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