Question
Planning provide directions and reduces the risk for uncertainty. Explain?
Solution
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.
