Explain the planning function of management, Management Theories

Assignment Help:

Explain the planning function of  management

PLANNING:- anning is the primary and crucial function of management. It is deciding in advance what to do, how to do it, when to do it, and who is to do it. It is looking ahead and preparing for the future. According to Henry Fayol,"Planning means to assess the future and make provision for it." Thus planning is the process by which a manager anticipates the future and discovers alternative courses of action open to him. It is a type of decision making, since it involves selecting along alternatives. It verifies the goals and directions of the management. McFarland writes that "Planning is both an organizational need and a managerial responsibility."  

 


Related Discussions:- Explain the planning function of management

Financial mgmt, This case has been framed in order to test the skills in ev...

This case has been framed in order to test the skills in evaluating a credit request and reaching a correct decision. Perluence International is large manufacturer of petroleum and

Social media in china case study, Social media in china Construction Co...

Social media in china Construction Companies in China are required to be the best known in the world for construction purpose and this need to create or to build awareness abou

Mix of crops, I need help with the question posted on the website. Determin...

I need help with the question posted on the website. Determine the best mix of crops?

Authority to pay interest, In this problem, we are going to measure the mon...

In this problem, we are going to measure the money multiplier one year prior to the Great Recession (12/2006) and compare it to the money multiplier 5 years since (12/2011).  The i

Management theory and practice, Process of Decission makeimg & various tech...

Process of Decission makeimg & various techniques employed for decission makeing

Er diagram, the company has 12 instructors and can handle upto 100 trainees...

the company has 12 instructors and can handle upto 100 trainees for each training session . the company offers 5 advanced technology courses ,each of which is taught by a team of 2

TRANSACTIONAL AND TRANSFORMATIONAL LEADERSHIP, BRIEF DESCRIPTION OF APPLE C...

BRIEF DESCRIPTION OF APPLE CO. AND COMPANY;S MAIN RIVALS.

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd