answersLogoWhite

0

Planning in management is the process of setting objectives and determining a course of action to achieve them. It involves analyzing the current situation, forecasting future conditions, establishing goals, and deciding on the resources needed to reach those goals. The five functions of management—planning, organizing, leading, coordinating, and controlling—are interconnected, with planning serving as the foundational step that guides the other functions. Effective planning ensures that an organization can adapt to changes and allocate resources efficiently to meet its objectives.

User Avatar

AnswerBot

1mo ago

What else can I help you with?

Related Questions

The Basic Catering Management Function?

There are five management functions. Good managers discover how to master five basic functions: planning, organizing, staffing, leading, and controlling.


Why planning is one of the important function of management?

planning is one of managements important functions because without planning management cant function.


Why is planning all-pervasive function of management?

Why is planning regarded as a pervasive function of managers? Explain


What are the elements of management and there function?

Planning, organizing, leading and controlling.


Is called the first management function because all other management functions depend on it?

Planning


Budgeting is usually most closely associated with which management function?

Planning


Why is planning primary management function?

To fullfil the future requirement of the organization


What are the Relationships between planning and organizational performance?

Management: Evaluate factors that influence the planning function of management 2. Individual Assignment: Management Planning Paper - Attain faculty approval as you select one of the following organizations:


Which one management function helps maintain managerial effectiveness by establishing guidelines for future actibvity?

Planning


What are the five P's of manufacturing management?

They are people, plants, parts, processes, and planning


Why is planning such an important function in any endeavor?

The planning function provides the goals and standards that drive the controlling function.Planning is important at all levels of management.


What is the reason why planning is the most difficult function in management to carry out?

There are many of reasons why planning is the hardest part of management. This is because it requires a little bit of creative problem solving.