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Mr Reeshabh Bhandari is the chief manager in ‘Bhandari PustakParkashans’. He is fond of continuing to present innovative ideas while planning for his business. His ideas are usually very significant. It has been observed several times that these very ideas take the form of concrete plans. This is the very reason that Mr Bhandari’s contribution to the growth and prosperity of the company continues to be quite great. Identify the ‘importance of planning’ described above.

(a) Planning provides direction.

(b) Planning reduces the risk of uncertainty.

(c) Planning reduces overlapping and wasteful activities.

(d) Planning promotes innovative ideas

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