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Standard XII
Business Studies
Meaning, Features, Importance, Limitations and Process of Planning
Question

Identify the best definition of planning.

A
An integrated process, in which plans are formulated, carried out and controlled
B
Devising ways of achieving the objectives of an organization
C
The core activity of planners and planning departments
D
Setting an organization's objectives and the means of reaching them
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Solution
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Correct option is D. Setting an organization's objectives and the means of reaching them

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