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Answer in one sentence. What is planning? - Organisation of Commerce and Management

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Question

Answer in one sentence.

What is planning?

One Line Answer
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Solution

Planning is an intellectual process of logical thinking and rational decision making. In short, planning is a detailed programme of future courses of action.

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Chapter 2: Functions of Management - Exercise [Page 34]

APPEARS IN

C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 8 Planning
EXERCISES | Q 1. a. | Page 225

RELATED QUESTIONS

Distinguish Between.

Planning and Controlling


Distinguish Between the following:

Planning & Co-ordinating.


__________ sets out standards for controlling.


Organization function is important for execution of the plans which have been prepared by __________ management.


Match the pairs.

Group 'A' Group 'B'
A) Planning 1. It is the process of instructing, guiding, communicating, and motivating.
B) Organizing 2. It is an integration and synchronization of the efforts of the group.
C) Staffing 3. Deciding in advance what to do, how to do, when to do, and who is to do it.
D) Directing 4. Management is what the manager does.
E) Coordinating 5. To focus on the role of the manager.
  6. Decides the ways and means to achieve what has been planned
  7. It is the process of comparing the actual performance with the predetermined standard performance.
  8. It is a set of principles.
  9. It is the process of recruiting, selecting, placing, and remunerating.
 

10. To manage is to forecast and plan.

 

11. Principle of management

 

12. To focus on the role of an employee

 

13. General instructions from subordinate to superior


Give one Word/Phrase/Term for the following statement.

First function of management.


Give one Word/Phrase/Term for the following statement.

It is an intellectual process of logical thinking and rational decision-making.


Every function of management is not based on planning.


Specialization in activities leads to an increase in organizational efficiency.


Justify the following statement.

Planning is the first function of Management


The functions of manager start with ___________.


_____________ is the fundamental function of management.


Write a word or phrase or a term which can substitute the following:

Detailed program of future course of action.


Find the odd one.


Arrange in proper order.

Controlling, Planning, Organising


Explain the following term/concept.

Organising


Study the following case/situation and express your opinion

Navnath and Jagannath are partners of a firm dealing with civil construction activity. They have set objective of completing 3 projects within next four years. Navnath is responsible for arranging funds, construction machinery and required raw material while Jagannath hired architects, draftsman, surveyors, contractors and labors. 

  1. Name the management function Navnath was involved in.
  2. Who did staffing for the firm? 
  3. Which management function Navnath and Jagannath did jointly?

Distinguish Between.

Planning and Directing


Answer the following.

What is planning? Explain its importance.


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