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Economic Planing is the making of major economic decisions what and how much is to be produced and to whom it is to be allocated by the conscious decisions of a determining authority on the basis of a comprehensive survey of economic system as a whole. Main Objectives of Economic Planing is
1) Increase in National Income and Per capita Income.
2) Reduction of Inequality in Income.
3) Reduction in Regional Inequalities.
4) Price Stability
5) Economic Development
6) Full Employment
7) Full Utilization of Available Resources
8) Self Sufficient
9) Reconstruction
What else can I help you with?
What are the meaning of economic planning and its features and the objectives?
Economic planning is a term used to describe the longterm goals of a government to develop the economy.
Discuss the scope and relavance of planning in the present economic turbulence?
The scope and relevance of planning in the present economic turbulence is to help the government have a better view of the situation. Through planning, the government can set attainable goals, work on it, monitor its progress, and achieve its economic strength.
Plannings begins when managers determine the firms goals?
Planning begins when managers identify the firm's goals, as these objectives serve as a roadmap for the organization's future direction. By establishing clear goals, managers can develop strategies and allocate resources effectively to achieve desired outcomes. This process involves assessing the current situation, forecasting future conditions, and making informed decisions to guide the firm toward success. Overall, goal-setting is a crucial first step in the planning process that aligns the entire organization towards common objectives.
Economic goals are important because they?
Economic goals are important because they provide a framework for guiding policies and decision-making at both the individual and governmental levels. They help prioritize resource allocation, drive growth, and improve living standards by focusing on objectives such as employment, inflation control, and sustainable development. Additionally, clear economic goals can enhance stability and predictability, fostering an environment conducive to investment and innovation. Ultimately, they serve as benchmarks for assessing economic performance and progress.
Why might our economic goals change over time?
Our economic goals may change over time due to shifts in societal values, technological advancements, and changes in the global economy. As populations grow and demographics evolve, priorities such as sustainability, income equality, and job creation may take precedence. Additionally, economic crises or booms can prompt a reevaluation of goals to address emerging challenges or opportunities. These dynamic factors necessitate a flexible approach to economic planning and policy.
What are the meaning of economic planning and its features and the objectives?
Economic planning is a term used to describe the longterm goals of a government to develop the economy.
Identify the real subject in planning?
The best way to identify the real subject in planning is to consider your objectives. If you focus your planning process on your goals the subject will be your goals.
What are the objectives of social planning?
Objectves are statement of aims or goals to be achieved.
Critically X-Ray what constitutes the financial objective and economic objectives of a firm?
what constitutes a financial objective of a firm is the goals, long range planning and business. while that of the economic objective has to do with enviromental scanning and swot analsis
What is individualism in management?
Individual management is a comprehensive process which entails planning of your personal life. This will start at planning of goals and objectives and attempting to fulfil them.
The management function that involves determining the best strategies and tactics for achieving the organization's goals and objectives?
Planning
What planning processes does a manager have to conduct?
We know that Planning means "Thinking before doing".Therefore a manager should clear about the objectives & goals of the business.
Discuss the four fundamentals management tasks in business namely planning organizing leadership and control?
Planning: refers to the setting of goals,objectives and strategies of a organization.
Difference between goals and objectives in business policy?
Goals are broad, long-term objectives that an organization works to accomplish and its overarching vision in business policy. Conversely, objectives are precise and quantifiable, and time-bound goals have evolved to achieve the more general goals. While goals divide things into manageable steps, objectives give them direction.
Which step is the most crucial in the planning process?
Setting the objectives or goals is the most important step in the planning process. This step is sometimes called goal and plan selection and it is the fourth step in the planning process.
Define the concept of economic planning and evalute the planning goals and strategies in India during the last three five year pans periods?
why do we need as an M.B.A to study the concept of economic
Discuss the scope and relavance of planning in the present economic turbulence?
The scope and relevance of planning in the present economic turbulence is to help the government have a better view of the situation. Through planning, the government can set attainable goals, work on it, monitor its progress, and achieve its economic strength.
