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

Average daily number of garments actually cleaned, In problem three, the av...

In problem three, the average daily number of garments actually cleaned is a.  15.71 b.  71.42 c.  65,71 d.  68.57 e.  none of the above.

Hard currency, Hard Currency Hard currencies can be exchanged for other...

Hard Currency Hard currencies can be exchanged for other hard currencies at a designated exchange rate. Currency in which there is large confidence in the world markets, as opp

Help, #question.You are the internal relations manager for Elan, an Irish b...

#question.You are the internal relations manager for Elan, an Irish biotech firm, when it is acquired by Johnson and Johnson. How will you help the top management team overcome res

Rise and fall of black berry, 2.Why were the original Blackberry products s...

2.Why were the original Blackberry products so successful? What was the basis for Blackberry’s competitive advantage?

Human resource planning, IT company is planning to take up a new overseas p...

IT company is planning to take up a new overseas project.As a hr plan the process and identify the best techniques that can be adopted in recruitment and selection

Distinctive features of case study, Distinctive Features of Case Study: ...

Distinctive Features of Case Study: a.Increase of Knowledge: like the historical method the traditional case study method also serves a dual purpose. While intensive investi

Natural monopoly, Describe and examine the concept of natural monopoly. ...

Describe and examine the concept of natural monopoly. a)  How is a natural monopoly definite? b)  Describe and examine advantages and disadvantages of setting a regulated nat

Constitutional law, Ask quesYou wake up to the news that a person has been ...

Ask quesYou wake up to the news that a person has been shot and killed in Big Rapids by two members of the city’s police force. The only news you have about the incident was that a

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