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

PHYLUM MOLLUSCA, GIVE A BRIEF DESCRIPTION OF ANY 5 ANIMALS OF PHYLUM MOLLUS...

GIVE A BRIEF DESCRIPTION OF ANY 5 ANIMALS OF PHYLUM MOLLUSCA

What are the different types of traning, Q. What are the different types of...

Q. What are the different types of traning? Organizations are utilized to give training to their employees to improve their skills and abilities. Those trainings are largely cl

Principle of management, 2. What type of culture is desired by Tim Brown t...

2. What type of culture is desired by Tim Brown to meet his goals? Does the company have this type of culture? Discuss.

Value chain, a. how your chosen company fits in the value chain of its chos...

a. how your chosen company fits in the value chain of its chosen industry b. how your chosen company delivers value to its clients c. how your chosen company achieves superior prof

Decisions making-benefit of hindsight , 1. Present a list of your 5 most im...

1. Present a list of your 5 most important decisions and why you view them as such. Give examples from the simulation periods 2. Are there any decisions that you made, that in

Management, explain the evolution of the subject operation management over ...

explain the evolution of the subject operation management over time

Various stages of group formation, "A group formation passes through variou...

"A group formation passes through various stages".Explain the various stages of group formation.

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