Professional Documents
Culture Documents
OF
MANAGEMENT
By- Sweety Gupta
PLANNING
Planning
Deciding in advance :
What to do
How to do
When to do
Who is going to do it
Achievement of objectives
Planning minimize uncertainties
Planning provides basis for control
Planning helps in proper utilization of resources
Planning avoids wasteful activities
Essentials of a good plan
Costly
Time consuming process
Brings rigidity
Inaccuracy
Planning is effected by external factors
Planning process
Determination of objectives
Selecting a plan
Communication of plan
Assignment of duties.
Remuneration.
Performance appraisal.