wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

What is the essence of planning


Open in App
Solution

Planning entails laying out a series of actions that will lead to the achievement of a specified objective. Planning clarifies what staff must perform. Risk Uncertainty is Reduced Through Planning Because planners strive to force the future by making assumptions, planning aids the management in dealing with uncertainty.

Planning is that essential component of a successful completion that we frequently overlook for fear of losing time or adding to our task, but which, if done correctly, may save time and effort while eliminating confusion. Planning allows you to concentrate on a single task at a time.


flag
Suggest Corrections
thumbs-up
2
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Planning
BUSINESS STUDIES
Watch in App
Join BYJU'S Learning Program
CrossIcon