Tag Archives | Importance of Planning

Importance of Planning in Management

Everything you need to know about the importance of planning. Planning is an important and basic function of management. Orderly procedure is possible through planning. Planning states the way through which the objectives are achieved and anticipates the activities well in advance i.e., planning should take place before doing. According to George R. Terry, "Planning is basic to the other [...]

By Manashree C|2019-05-02T11:00:55+05:30May 2, 2019|Planning|Comments Off

Planning: Objectives and Importance of Planning

In this article we will discuss about the importance and objectives of planning in an economy. Economic planning is often regarded as technique of managing an economy. When the structure of an economy becomes complex and subject to rapid change and transformation (due to population growth, discovery of resources, industrialisation, etc.) some sort of advance thinking becomes necessary to resolve [...]

By Nipun S|2017-01-13T05:55:09+05:30January 13, 2017|Planning|Comments Off