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Question
Explain the following term/concept.
Planning
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Solution
- 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 organization's objectives and develops various courses of action.
- Designing proper planning and implementing accordingly is the key to achieving the objectives of an organization. In short, planning is a detailed program of future courses of action.
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RELATED QUESTIONS
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Planning & Co-ordinating.
The functions of management start with __________ function.
Organization function is important for execution of the plans which have been prepared by __________ management.
Give one Word/Phrase/Term for the following statement.
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Give one Word/Phrase/Term for the following statement.
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Answer in one sentence.
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_____________ is the fundamental function of management.
Find the odd one.
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.
- Name the management function Navnath was involved in.
- Who did staffing for the firm?
- Which management function Navnath and Jagannath did jointly?
