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Feb 4, 2023 · 12 Objectives of Planning: 1. Achievement of Organizational Objectives 2. Fulfilment of Organizational Commitments 3. It Facilitates Decision Making.
- 1 Learning Objectives.
- Setting the objectives: The second step of planning is to set objectives and goals for the organization as a whole and each department. Long term, as well as short-term plans, are to be created.
- Develop premises: Planning premises are the assumptions about the future by which the plans will be ultimately formulated. Planning premises are the key to the success of planning as they supply pertinent facts and information regarding the future such as general economic conditions, production cost, and prices, probable competitive behaviour, governmental control etc.
- Determine and evaluate alternatives: The fourth step is to search and identify the alternative course of action. It suggests that a particular objective can be achieved through numerous ways.
Planning is required to make the best use of what is available to achieve short or long term goals. Objectives of Planning. Planning has several objectives, especially in sports, and some of the objectives of Planning are discussed below. Maintain Good Control over all the Activities. Control and Planning go hand in hand.
12 Planning: Concept and Process. Eena. 1. Introduction. Planning is the basic function of management. Planning is done to achieve the objectives of the organisation. Without planning no business can function smoothly. Whenever there is a goal to achieve, planning is required otherwise the activities will go haywire.
Dec 11, 2015 · Eradication of poverty is one of the long-term objectives of the planning in India. Fifth and Sixth five year plans primarily focussed on eradication of the poverty problem in India. Modernisation means updation of technical know-how and adoption of new technologies for betterment of the society.
Dec 3, 2016 · Planning is concerned with setting objectives, targets, and formulating plan to accomplish them. The activity helps managers analyse the present condition to identify the ways of attaining the desired position in future .
planning means setting objectives and targets and formulating an action plan to achieve them. It is concerned with both ends and means i.e., what is to be done and how it is to be done. The plan that is developed has to have a given time frame but time is a limited resource. It needs to be utilised judiciously. If time factor