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

Harmone, Breast growth harmone

Breast growth harmone

SanDisk Co., did u get the email that i sent you.

did u get the email that i sent you.

Business strategy plan of a call centre, Business strategy plan of a call c...

Business strategy plan of a call centre Growth agenda must be the prime motive of any business strategy. Every contact of employee with a customer is an opportunity for revenue

Merits of survey methods, Merits of Survey Methods: Survey methods has f...

Merits of Survey Methods: Survey methods has followings merits in comparison to other methods: 1. A survey permits the researcher to come in direct contact with the people who

Trends in management, give an account of emerging trends in management?

give an account of emerging trends in management?

Work sampling, Work sampling does not involves stopwatch measurement as do ...

Work sampling does not involves stopwatch measurement as do many of the other techniques instead it is based on simple random sampling techniques derived from statistical sampling

Management information system, how management information system help busin...

how management information system help business to grow?

Cash flow statement and cartel, Cash Flow Statement: Cash flow is...

Cash Flow Statement: Cash flow is a financial statement that summarizes an organizations sources and uses of cash over a specific period of period. Cash flow statements 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