Explain how planning provides direction | Class 12 Business Studies Chapter Planning, Planning NCERT Solutions

Question:

Explain how planning provides direction and reduces the risk of uncertainty in an organization.

Answer:

Planning provides a clear direction by setting well-defined objectives, guiding employees on the course of action, and establishing a timeline for achieving the goals. It reduces uncertainty by enabling managers to anticipate future events and challenges, thereby preparing for potential risks. Planning also ensures coordination among different departments, minimizing confusion and ensuring everyone works toward the same goals.


Study Tips for Answering NCERT Questions:

NCERT questions are designed to test your understanding of the concepts and theories discussed in the chapter. Here are some tips to help you answer NCERT questions effectively:

  • Read the question carefully and focus on the core concept being asked.
  • Reference examples and data from the chapter when answering questions about Planning.
  • Review previous year question papers to get an idea of how such questions may be framed in exams.
  • Practice answering questions within the time limit to improve your speed and accuracy.
  • Discuss your answers with your teachers or peers to get feedback and improve your understanding.

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Welcome to the NCERT Solutions for Class 12 Business Studies - Chapter . This page offers a step-by-step solution to the specific question from Extra Questions, Question 8: Explain how planning provides direction and reduces the risk of uncertainty in an organization.....