Pls answer this question....

Dear student, 
Solution of question no. 23
 The features of planning identified in the above case are :-
 
1. Planning is a primary function:
line : "Without good planning,he will not be able to organise, direct, control or perform any of the other managerial functions efficiently and effectively."
 
2. Planning is futuristic:
line : " Only on the basis of sales forecasting, he would assist in the preparation of annual plans for it's production and sales."
 
3. Planning is continuous:  
line : "He will have to prepare sales plans regularly on weekly, monthly, quarterly and half-yearly basis."
 
4. Planning is a mental exercise: 
line : "While preparing the sales forecast,he undertakes intellectual thinking involving foresight, visualisation and issued judgement rather than wishing thinking or guess work. "
 
5. Planning focuses on achieving activities:
line : "All these planning activities will be meaningful if they will coincide with the purpose of which the business is being carried out. "
 
Regards

  • 0
What are you looking for?