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

8mo 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.

Trending Questions
Why is management primarily responsible for the lack of controls? What are the common problems of change management that organizations face when implementing new strategies or initiatives? What are disadvantages of narrow span of control? What is understand by the nature of management exobiology's in the help of significance? What element is not one of position management consideration when determining what is needed for and organization to accomplish the mission? What is feasibility study and give the ten stages of feasibility study? What is a risk decision? What were the two key things that whirlpool management did to achieve productivity to gains? How do you describe how well you adapt to easily changing business needs? Is it safe to hire property management service for taking care of the property? What are the advantages and disadvantages of quantitative management in the contemporary practices of management? What is disseminator role of manager? What is the difference between a project charter and project scope in project management? What is the difference between an epic, a user story, and a task in the context of project management? What all strategies are taken by Indian it companies to retain their talented employees? Where can one find more information about appraisal management companies? What is the Difference between value analysis and value chain analysis? What are the Emerging issues in production operation management? What are the common features available in project management software packages? What is CRM tool?