Explain what you understand by the term planning, Business Management

Assignment Help:

Question :

According to Henry Fayol, planning is the primary function of managers in an organization. However, there is no empirical evidence that organizations that plan are more successful than organizations that do not plan. The financial crisis also highlighted the difficulty of planning in an organization.
(a) Explain what you understand by the term planning and how it is a primary function in an organization.

(b) Explain the reasons for the failure of plans in an organization and the ways in which planning can be more effective.

(c) Explain how planning is important in the control function within an organization.


Related Discussions:- Explain what you understand by the term planning

The five steps in evaluation process of the purchasing, Five steps in the p...

Five steps in the process of evaluating the purchasing and supply system

Define the major classes of risk an organization, What are the four major c...

What are the four major classes of risk an organization evaluates while outsourcing? Explain them. 1. Strategic risks. 2. Operational risks. 3. Result risks. 4. Transac

Business plan, starting up a maintances business plan

starting up a maintances business plan

BUSINESS OPERATION, INFORMATION SYSTEM FOR BUSINESS OPERATION.

INFORMATION SYSTEM FOR BUSINESS OPERATION.

Mba, b. A paper mill produces two grades of paper viz., X and Y. Because of...

b. A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y pape

Linear regression, regression line drawn as Y=C+1075x, when x was 2, and y ...

regression line drawn as Y=C+1075x, when x was 2, and y was 239, given that y intercept was 11. calculate residual

Data collection and analysis, Data Collection and Analysis The backbon...

Data Collection and Analysis The backbone of this research is to establish and sustain a clear link between conceptual framework and empirical analysis. The main importance of

The two-tier and three-tier web client-server architectures, QUESTION (...

QUESTION (a) Compare the two- and three-tier Web client-server architectures, and indicate the role of each tier in each architecture. Which architecture is the most likely can

Nature of controlling, explain the points of nature of controlling? explain...

explain the points of nature of controlling? explain the objectives of controlling?what is resistance to control?explain the approaches to goal formulation?explain the steps of pla

Explain features of the unitarist and pluralist approaches, Question 1: ...

Question 1: (i) Outline and comment on the main features of the Unitarist and Pluralist Approaches to industrial relations. (ii) Which of these two approaches is more preva

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