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What are the objectives of Economic Planning?
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Feb 4, 2023 · Learn what planning is and why it is important for organizations. Find out the 12 objectives of planning, such as achievement of goals, stability, coordination, innovation, control and more.
Learn the definition, meaning and objectives of planning in sports and other fields. Find out how planning helps to organise activities, improve efficiency, reduce pressure, enhance performance and creativity.
- Ans :The simple meaning of planning is the process of organising something on a large or small scale with a d... Read full
- Ans :Planning can be defined as a process for developing a strategy to achieve desired objectives, solve problems, a... Read full
- Ans :Planning is very useful. Hence, it has several objectives as it helps you gain control over things. It helps yo... Read full
- Ans :Planning is an important aspect to consider when organising sports, and it is accomplished by forming several c... Read full
- 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.
Jun 19, 2019 · Planning involves selecting missions and objectives and the actions to achieve them; it requires decision making, which is choosing from among alternative future courses of action – Weihrich and Koontz. Planning is thus taken as the foundation for future activities.
Learn about the objectives and importance of planning in an economy, especially in an underdeveloped country like India. Find out how planning can improve the standard of living, employment, equality, and capital formation through a comprehensive and consistent programme of action.
Dec 3, 2016 · Planning is a management function that involves deciding beforehand how to achieve the organisation's objectives. It is a futuristic, intellectual and continuous process that helps to minimise risk, coordinate activities and control performance.
May 7, 2022 · Learn what planning is, why it is important, how it is done, and what types of plans exist in management. Planning is the primary function of management that involves formulating a future course of action for accomplishing a specific purpose.
