TRUE OR FALSE. Read the statements carefully. Write T if the statement is correct, and F if not.

1. Forecasting is an important element of planning.

2. Every organization needs support from the employees for the achievement of organization’s purpose and objectives.

3. Old plans are still useful for the organization’s future planning.

4. Establishing plans will provide direction to the organization’s activities that will
reduce uncertainties and wastage.

5. Only the top-level managers carry the biggest responsibility.

6. Discipline and smooth operation of the business are guided by the rules of organization.

7. Plans refers to the targets you want to accomplish.

8. Short-term plans lead towards the attainment of a long-term goals.

9. Standing plans refers to the identified activities of operational plans.

10. Strategic plans, Tactical plans, and Operational plans are all done by the
manager.​