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  1. 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.
  2. Features of Planning Class 12 explains that Planning is done for achieving the objectives and specific goals are set before performing any task. Every process or activity needs to be pre planned so that it focuses on achieving the aim.

  3. 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.

  4. ESSENTIAL POINTS TO SOLVE CASE STUDIES. Meaning of Planning. Planning is the process of setting objectives, formulating various courses of action in order to achieve them, and selecting the best possible alternative from the various courses of action available in order to ensure completion of organisational goals.

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  6. Aug 16, 2017 · (i) Setting Objectives In planning function manager begin with setting up of objectives because all the policies, procedures and methods are framed for achieving objectives only. (ii) Developing Premises Premises refers to making assumptions regarding future.