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

Lean management, I want an essay of 500 words on lean management.

I want an essay of 500 words on lean management.

Organizational behaviour, 1. How would you examine if there is any merit in...

1. How would you examine if there is any merit in the remarks of various functional managers? 2. What, in your opinion, could be the reasons for different Managerial thinking in th

Explain dfd & data dictionary, Question 1 Explain DFD & Data Dictionary? E...

Question 1 Explain DFD & Data Dictionary? Explain in detail how the information requirement is determined for an organization Question 2 What is MIS? Define the characteri

Nutrition, what is meant by photosynthetic nutrition

what is meant by photosynthetic nutrition

Management buyout (mbo), Management Buyout (MBO) MBO is the transfer of...

Management Buyout (MBO) MBO is the transfer of ownership to new owners of an entity where the old management and employee base are significant elements.

Export import procedure and documentation, what is the need for documents i...

what is the need for documents in international business with examples

Marketing mix, Select an organisation from the retail industry that is invo...

Select an organisation from the retail industry that is involved in marketing activities and analyse how the chosen organisation utilises each of the marketing mix elements in its

Justification employing the expected valuedecision, The justification for e...

The justification for employing the expected valuedecision criterion. TRUE          FALSE

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