Correct Answer - Option 4 : Providing a context for the activity.
Plan is schedule of development work outlining different activities in a specific period. It answers the questions like what, why, how, and when as well
as by whom and where the work is to be done.
- A plan is a detailed proposal for doing or achieving something.
- It provides a context for the activity.
- In order to achieve the objectives, the means and methods attaining each objective are selected and the action plan, i.e. the calendar of activities is developed. It includes the technical content, who should do what, and the time limit within the work will be completed. The plan of work may be seasonal, short-term, annual or long-term.
- After deciding a plan,start planning for the selected plan specific goals or targets to be achieved.
- Planning starts with the definition of the objectives and the formulation of the specific goals or targets to be achieved.Goals are derived from the analysis of existing situation of an organization and once defined provide a sense of direction to all managerial activities.
- In order to achieve the goals, specific plans are drawn up. Objectives, goals or targets provide answer to the question.
Thus,it is concluded that Option 4 is correct.
