Tag Archives | Planning

Planning Process: 11 Major Steps of Planning (with diagram)

Everything you need to know about the steps involved in planning process. Planning is a process, which embraces a number of steps to be taken. It is an intellectual exercise and a conscious determination of courses of action. Therefore, it requires a serious thought on numerous factors necessary to be considered in making plans. Facts are collected and analyzed and [...]

By |2019-05-25T04:56:31+05:30May 25, 2019|Planning|Comments Off on Planning Process: 11 Major Steps of Planning (with diagram)

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 |2019-05-02T11:00:55+05:30May 2, 2019|Planning|Comments Off on Importance of Planning in Management

Need for Planning in Developing Countries (9 Ways) | Economics

Most of the developing countries were under colonial rule prior to 1950. They were greatly exploited by the colonial powers. For instance, India, which was once quite prosperous, became underdeveloped and poor during the British rule. Its handicrafts could not compete with the cheap imported industrial products, and as a result the artisans and workers employed in them were rendered [...]

By |2018-03-02T14:40:21+05:30March 2, 2018|Planning|Comments Off on Need for Planning in Developing Countries (9 Ways) | Economics
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