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Will planning become more or less important to managers in the future?
Wiki User
∙ 11y ago
Zubaida Aapa said, " Planning may gain high level of importance, such like VIP protocols, when you get some pain at the initial level before execution.
Example: Without onion you may not enjoy the real taste of food, but for onion we have to sacrifice yours tears at the time of cutting. Whatever, you plan to cook then become tasty after taken this at start.
Ohh! Vinegar is important when you wash the dish pan.
Wiki User
∙ 11y ago
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What should be an important part of planning your future?
retirement planning A+ ;)
What will Future financial managers will need to understand?
kuta
How important is financial planning for a newlywed couple?
A couple just starting their lives together need to plan for the future, so financial planning is crucial. Planning for the purchase of a home or the start of a family require advance planning so money will be available when needed.
Why is planning looking ahead?
"Planning is looking ahead" because is done for future and done so by keep future situations in mind to be proactive in future rather reactive.
What is financial planning and what does it do?
Financial planning is a means of determining one's present and future financial needs and trying to budget and allocate financial resources to take care of both present and future needs. Financial planning helps one to set a goal for saving or building up the financial resources needed for the future. For any investor, knowledge of financial planning is a must.
Will planning become more important for managers in future?
w
What is the role of mission statement in strategic planning process?
Mission statement is play an important role in strategic planning through this the managers take decisions and can future forecasting.
Why is planning important for managers?
Managers need to plan in order for the organisation to run, their plans are needed for the future and thus to avoid risk or other conditions that might let to the downfall of the organisation. Without a plan, fail will emerge.
What should be an important part of planning your future?
retirement planning A+ ;)
If planning is so crucial why do some managers choose not to do it?
Managers may choose not to devote time to planning because they do not know how to plan or feel that they do not have the necessary time. Others may say that planning is a waste of time that the future is going to happen whether or not they plan. However, these reasons do not discount the importance of planning. Every manager should engage in planning.
What is the importance of MIS for tourism industry?
To maintain records into a data base for future planning. To make managers aware of the strengths and weaknesses of their management systems.
Planning is the thinking process and managers being a men of action should have no use for it comment?
Being of no use to the managers is one of the limitations of the planning process. The space among where the firm is and where they aspire to go may be closed with the help of planning. Making decisions regarding the future in the present is planning. It refers to what must be done, how it must be done when it must be done, and by whom. Managers frequently avoid planning because it is seen of as a significant, time-consuming, expensive, and laborious mental exercise. It requires careful consideration, a tonne of paperwork, and a lot of time. The majority of managers do not enjoy engaging in such challenging and difficult mental efforts that may or may not result in outcomes. Managers typically favour action over contemplation. As men of action, managers shouldn't employ planning since it involves thinking.
What are the three main functions of Human Resource Managers?
the main three function of Human Resource Management is 1. HR PLANNING. HR PLANNING is the process of reviewing & identifying future human resource needs of an organization.
Why is it important to forecast the future of the cycle of business activity?
Managers use forecasting so that they are better prepared for ebbs and flows of their business. With more information about business cycles, managers will not waste money.
How and why managers strategically plan?
the managers plan strategically because without planning, the organization will receive lot of problems concering the managing issues like:staffing,controlling and directing etc. after planing it could also be able to face the difficulties in the future like:financial problems etc.
What planning begins with where you want to be in the future?
backward planning
Planning begins with where you want to be in the future?
backward planning
