Gujarat BoardEnglish MediumSTD 12 CommerceOCMPLANNING3 Marks
Question
“Planning brings smoothness in managerial functions”-Explain.
✓
Answer
The task of collecting information for the activities to be undertaken in business, consider them in advance and plan out how to do these activities is called planning.
Planning is done using mental abilities while remaining conscious about the outcomes.
Managers develop plans precisely and minutely by undergoing rigorous brain storming, collecting and analyzing statistical data, collecting relevant information, etc.
During the planning, the role, responsibilities and authorities of each person and department is also carefully drawn.
As a result, when the business operations start following the plans, all the departments and employees very well know what has to be done, how it has to be done and in which time frame.
There arises no confusion related to who is responsible for what and who should report to whom.
Hence, planning makes the daily operations very smooth, easy and achievable.
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