Question

A good plan is

• A. Expensive
• B. Time consuming
• C. Flexible
• D. Rigid

Hint:

Flexibility is the key feature of a good plan because business environments are dynamic.

Answer 1

The Correct Option is C

Step 1: Meaning of planning.
Planning is the process of deciding in advance what to do, how to do it, and who will do it.
Step 2: Importance of flexibility.
A good plan should be adaptable to changes in the environment.
For example, if there is a sudden change in government policy, a rigid plan will fail, but a flexible plan can be adjusted.
Step 3: Option analysis.
- (A) Expensive: Wrong, good plans should optimize costs.
- (B) Time consuming: Wrong, planning should be efficient.
- (C) Flexible: Correct, adaptability makes a plan good.
- (D) Rigid: Wrong, rigid plans cannot respond to changes.
Step 4: Conclusion.
A good plan is always flexible so it can adapt to unexpected situations.