After reading this article you will learn about:- 1. Meaning of Planning 2. Features of Planning 3. Importance 4. Principles 5. Limitations 6. Barriers. Meaning of Planning: Planning deals with framing organisational objectives and devising ways to achieve them. Managers plan business activities at all levels: top, middle and low, though planning is required more at top levels than lower [...]
This article will help you to learn about the difference between goals, mission, and purpose. Difference between Goals, Mission, and Purpose Goals Goals are the ends which the organisations strive to achieve. They are the reason for an organisation to exist. Organisations are formed to achieve some goal. Goals are framed for the entire organisation, for all departments and for [...]
After reading this article you will learn about:- 1. Meaning of Forecasting 2. Approaches to Forecasting 3. Benefits 4. Measures to Increase the Effectiveness 5. Process 6. Techniques. Contents: Meaning of Forecasting in an Organisation Approaches to Forecasting in an Organisation Benefits of Forecasting in an Organisation Measures to Increase the Effectiveness of Forecasting in an Organisation Process of Forecasting [...]