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

Question, e) Formulate a spreadsheet model for performing a simulation of t...

e) Formulate a spreadsheet model for performing a simulation of the daily sales. Perform 300 replications and obtain the average of the sales over the 300 simulated days

Latin squares design, Latin Squares Design: This design suggests that...

Latin Squares Design: This design suggests that test will form a square because there will be as many test units as treatments. This design is used to control important extra

Marketing mix, discuss the extended marketing mix in relation to the restau...

discuss the extended marketing mix in relation to the restaurant

Gantt chart, The Gantt chart, agendas, minutes etc will be kept in a portfo...

The Gantt chart, agendas, minutes etc will be kept in a portfolio as evidence of the use of project management skills through the duration of the project. Aselection of these shoul

Kamangu was under severe pressure, John Kamangu, manager of a Nairobi City ...

John Kamangu, manager of a Nairobi City branch office of the state department of motor vehicles, attempted to do an analysis of the driver's license renewal operations. various ste

3, Johnson has to decide whether to purchase a preference share which redee...

Johnson has to decide whether to purchase a preference share which redeemable or one which is not. The redeemable share is $1000 per value share which promises 15% dividend annuall

HRM, Should benching be a matter of concern a Delta?

Should benching be a matter of concern a Delta?

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