answersLogoWhite

0

success of business

to facilitate goals achievement

to facilitate assessment

to reduce risk & loss

to make good decision

to carry out job division

to determine opportunities & threats

User Avatar

Wiki User

13y ago

What else can I help you with?

Related Questions

Discuss the nature and scope of management accounting?

difine the nature and scope of management accounting?


What is the Primacy of planning in nature of planning?

Planning is the first of the managerial functions precedes all other management functions.


Discuss the nature of quantitative technique?

nature of quantitative techiques in management


What is the nature of the economics?

managerial economics deals with the business firm and the economic problems it need to solve.it is the integration of the economic theories and business practise with the purpose of facilitating decision making and forward planning of management.


Which economical factors affect financial planning?

This is something I didn’t really think about at first. I used to assume that financial planning was all about managing my own salary, expenses, and savings. But over time, I realized the economy plays a way bigger role than we notice in day-to-day life. One major thing is inflation. It doesn’t sound exciting, but it quietly eats away at your money. Like, what you could buy for ₹1000 five years ago barely gets you the same value today. So if you’re planning long-term like retirement, a house, your kid’s education, you really have to think bigger than today’s prices. Then there are interest rates. When they’re high, loans get expensive. That affects how people plan for buying homes, cars, or even funding businesses. And if you’ve parked your money in fixed deposits or bonds, rising interest rates could actually help you. On the flip side, lower rates usually mean people lean toward mutual funds or stocks instead. Taxes are a surprisingly big factor too. The government keeps tweaking rules such as new tax slabs, changes in capital gains, or rules around insurance and mutual funds. These can directly influence which investments are actually “worth it.” One thing I learned from a session with someone at Monarch Networth Capital and this really stuck with me is that your personal plan doesn’t exist in isolation. It’s not just your numbers. It’s also about what’s happening in the world around you. And yeah, GDP growth, job markets, even global stuff like oil prices or currency movements can trickle down and affect returns, especially if you’ve invested in funds with international exposure. So yeah, keep an eye on the bigger picture. You don’t need to be an economist, but you do need to be aware.


What are nature and content of marketing planning?

Marketing planning is a part of business planning, it includes lots of actions and tactics to move business successfully. You refer the following related source and links for more details.


What is nature of management by objective as a system of management?

Management is a process of forward planning, decision making, co-ordinating, communicating and motivating the subordinates to achieve the objective of an organization.


What is the Nature and scope of tax planning?

tax planning means how we make the plan for tax. we have toreduce the tax from our business & increase the profit as well.... are called tax planning.


Nature and scope of production management and operation management?

Production management is the planning, forecasting, or marketing of a product at all stages of the product's lifecycle. Operations management is overseeing, designing, and controlling the process of production.


Jntu MBA 1st year new syllabus 2009?

nature and principles of planning in management theory and pratice


What is 'the nature of management?

The nature of production management is to drive the development of the product for the company and business. The product managers are in charge of making sure the product is performing, developing, and growing for the company.


What is the nature of production management?

The nature of production management is to drive the development of the product for the company and business. The product managers are in charge of making sure the product is performing, developing, and growing for the company.