Which term describes the process of deciding the objectives of the business and how they can be effectively achieved?

Which term describes the process of deciding the objectives of the business and how they can be effectively achieved?

• A. Controlling
• B. Planning
• C. Organising
• D. Meeting

Answer: (B)

Planning is the process of deciding the objectives of the business and how they can be effectively achieved. It involves setting goals, identifying the actions needed, and outlining the resources, responsibilities, and timelines required. This gives direction, helps anticipate problems, and selects the best course of action among alternatives. Planning lays the groundwork for all other management functions: organising uses the plan to structure tasks and resources, and controlling checks progress against the plan and makes adjustments as needed. Controlling focuses on monitoring and corrective action, not on setting objectives; organising is about arranging resources to carry out the plan, and meeting is just an activity rather than a formal managerial process. So the term is planning.

Planning is the process of deciding the objectives of the business and how they can be effectively achieved. It involves setting goals, identifying the actions needed, and outlining the resources, responsibilities, and timelines required. This gives direction, helps anticipate problems, and selects the best course of action among alternatives. Planning lays the groundwork for all other management functions: organising uses the plan to structure tasks and resources, and controlling checks progress against the plan and makes adjustments as needed. Controlling focuses on monitoring and corrective action, not on setting objectives; organising is about arranging resources to carry out the plan, and meeting is just an activity rather than a formal managerial process. So the term is planning.