Briefly explain planning and organising functions of management.
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Solution
Planning refers to
deciding in advance what is to be done, when it is to be done, how it is to be
done, where it is to be done and by whom it should be done so that to achieve
organisational goals.
Organizing refers to
identifying and grouping different activities in the organization and bringing
together the physical, financial and human resources to establish the most
productive relations for the achievement of specific goals.