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Question
Justify the following statement.
Planning is the first function of Management
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Solution
- Planning refers to detailed programme of future courses of action.
- It includes deciding the things to be done in advance.
- All other functions of management are based on planning.
- Unless the plan is ready, other management functions such as organising, staffing etc. cannot be undertaken.
Hence, planning is the basic and first function of the management process.
RELATED QUESTIONS
Distinguish Between.
Planning and Controlling
The functions of management start with __________ function.
__________ sets out standards for controlling.
Give one Word/Phrase/Term for the following statement.
It is an intellectual process of logical thinking and rational decision-making.
Give one Word/Phrase/Term for the following statement.
The term that is used to denote the structure.
Specialization in activities leads to an increase in organizational efficiency.
Answer in one sentence.
What is planning?
The functions of manager start with ___________.
_____________ is the fundamental function of management.
Planning is a detailed programme of ____________ course of action.
Write a word or phrase or a term which can substitute the following:
Detailed program of future course of action.
Arrange in proper order.
Controlling, Planning, 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.
- Name the management function Navnath was involved in.
- Who did staffing for the firm?
- Which management function Navnath and Jagannath did jointly?
Distinguish Between.
Planning and Directing
Answer the following.
What is planning? Explain its importance.
