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“Planning bridges the gap between where we are and where we want to go”. Explain. - Commerce

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Question

“Planning bridges the gap between where we are and where we want to go”. Explain.

Explain
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Solution

Planning is the systematic pre-thinking process used to choose a path of action that will lead to a desired outcome. In order to reduce risks, it is focused on the future. Planning is done to enable future events to occur in a specific way rather than leaving them up to chance. “A trap to capture the future” is how Prof. Allen describes planning. Planning entails determining ahead of time what needs to be done, how, when, and by whom. In other words, planning helps us connect the dots between our current situation and our desired future state. Below is an example of it.

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Chapter 8: Planning - QUESTION BANK [Page 227]

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C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 8 Planning
QUESTION BANK | Q 11. | Page 227
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