Functions of Planning in Management

Deciding in advance what is to be done in the future for a specific period and then taking the necessary steps to do the things decided upon.

The process of setting future objectives and deciding on the ways and means of achieving them.

It provides a clear sense of direction to the activities of the organization and to the job behaviour of managers and others.

<p>It permits managers to examine and analyse alternative courses of action with a better understanding of their likely consequences.</p> Signup and view all the answers

<p>Some systematic way of deciding about and doing things in a purposeful manner.</p> Signup and view all the answers

<p>Neat, orderly and disciplined approach to work, goal-oriented behavior, thinking about and arranging things in advance, careful allocation of scarce resources.</p> Signup and view all the answers

<p>Determination of courses of action from among alternatives to achieve the goals of the organization, both in the immediate future and in the long run.</p> Signup and view all the answers

<p>Where the organisation is heading and what for, how best to make the organisation move along the chosen path, and when should they take what measures to achieve the goals of the organisation.</p> Signup and view all the answers

<p>Deciding in advance what is to be done in the future for a specific period and then taking the necessary steps to do the things decided upon.</p> Signup and view all the answers

<p>Planning</p> Signup and view all the answers

<p>Planning</p> Signup and view all the answers

<p>Selecting objectives and strategies, policies, programs, and procedures for achieving them.</p> Signup and view all the answers

<p>It contributes to the organization’s direction and purpose, and every plan must contribute towards accomplishing objectives for the enterprise.</p> Signup and view all the answers

<p>If planning is effective, the managerial functions are carried out efficiently.</p> Signup and view all the answers

<p>Planning</p> Signup and view all the answers

<p>The fundamentals of planning - its meaning, nature, characteristics, importance, and limitations. The elements and steps in the planning process, and the role of forecasting in planning. The concepts of strategic planning, tactical planning, long-range planning, short-range planning, and the essential principles of planning.</p> Signup and view all the answers