Broad plans are subdivided into precise, meaningful, and specialized plans for each business activity. They are called the departmental plans, e.g., a marketing plan, production plan, financial plan or manpower plan. Thus option A is correct.
What is planning?
Planning anticipates the future and concentrates emphasis on deciding how to respond to unforeseen and foreseen events or difficulties.
The core principle of planning is that one gets where he wants to go if he understands which road to take ahead of time. Good managers not only see things as they happen, but they also make things happen the way they want them to.
To summarize, planning entails establishing objectives and then developing strategies, policies, and processes to achieve those objectives.
Therefore, financial responsibility comes under planning. Thus option A is correct
Learn more about planning here:
brainly.com/question/10559489
#SPJ5
