Archive | Planning

Characteristics of Planning

Everything you need to know about the characteristics and features of planning. Planning is the first management function to be performed in the process of management. It governs survival, growth and prosperity of any enterprise in a competitive and ever-changing environment. Planning means looking ahead and chalking out future courses of action to be followed. It is rightly said "Well [...]

By |2019-04-23T07:29:54+05:30March 13, 2019|Planning|Comments Off on Characteristics of Planning

Types of Plans in Business (3 Answers) | Planning | Functions | Management **

Planning is an important function of management. This will further help you to learn about: Types of Plans Types of Plans in Planning Types of Plans in Principles of Management Types of Plans in Business Answer 1. Types of Plans: Type # 1. Policies: Policies of the general statements which are formulates by an organization for guidance of its personnel. [...]

By |2018-11-02T07:13:09+05:30November 2, 2018|Planning|Comments Off on Types of Plans in Business (3 Answers) | Planning | Functions | Management **

Planning in Management

Planning is the primary function of management. Its purpose is to ensure optimum utilisation of human and economic resources in the business processes. It precedes all other activities of the business undertaking. It is the process of charting out the path for attaining the ultimate purpose of business operations by outlining the sequence of events forecast with reasonable degree of [...]

By |2019-04-30T11:43:35+05:30March 24, 2017|Planning|Comments Off on Planning in Management
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