English

Define ‘Planning’. - Organisation of Commerce and Management

Advertisements
Advertisements

Question

Define ‘Planning’.

Definition
Advertisements

Solution 1

Planning is the basic function of management. Every function of management is based on planning. It includes deciding the things to be done in advance. Planning is an intellectual process of logical thinking and rational decision-making. It focuses on the organisation’s objectives and develops various courses of action. Designing proper planning and implementing it accordingly is the key to achieving an organisation’s objectives.

shaalaa.com

Solution 2

Planning implies to a state in advance, where to go and in which direction to move in order to achieve a target. Planning is a psychological process of thinking and deciding in advance about ‘what is to be done’ and ‘how it is to be done’. It is a mental activity in which the manager decides about the goals to be achieved and actions through which they are to be accomplished.

shaalaa.com
  Is there an error in this question or solution?
Chapter 7: Functions of Management and Coordination - EXERCISES [Page 188]

APPEARS IN

C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 7 Functions of Management and Coordination
EXERCISES | Q 4. | Page 188
C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 7 Functions of Management and Coordination
QUESTION BANK | Q 4. | Page 191
C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 8 Planning
EXERCISES | Q 1. | Page 225
C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 8 Planning
EXERCISES | Q 9. a. | Page 225
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×