Planning
Planning provide directions and reduces the risk for uncertainty. Explain?
The planning process clearly defines and maps out the guidelines for smooth operations
of a business in order to achieve their main goals/objective. By stating in advance how work is to be done, planning provides direction to action. It ensures that objectives /goals are clearly stated so that they act as a guide for deciding what action should be taken and in which direction.
Planning enables a manager to look ahead and anticipate changes. By deciding in advance the task to be performed, planning shows the way to deal with changes and uncertain events. Thus, planning helps to reduce the risks of uncertainty by preparing forecasts.
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How does planning provide direction?
Why are rules considered to be plans?
What kind of strategic decisions are taken by business organisations?
What are the main features to be considered by the management while planning?
Or
Explain the features of planning.
What are the steps taken by management in the planning process?
Or
Explain the process of planning.
Is planning actually worth the huge costs involved? Explain.
Define Planning.
Planning is the basic function of management. Explain.
Explain, how ‘planning is a mental exercise’.
Explain how “planning is a continuous process.”
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