a shoes manufacturing company wants to become a markte
Answers
Explanation:
shoe manufacturing company wants to become a market leader. ... The first step taken by the firm is to set targets for the three months duration for selling maximum number of shoes in the market which they set as 2,50,000. The team doesn't want to make any mistake so they decide to do proper planning.
Answer:
Meaning of Planning
Planning is the process of setting objectives, formulating various courses of action in order to achieve them, and selecting the best possible alternative from the various courses of action available in order to ensure completion of organisational goals.
“Planning is the thinking process, the organised foresight, the vision based on fact and experience that is required for intelligent action.” — Afford and Beatt
“Planning is deciding in advance what is to be done. When a manager plans, he projects a course of action for further attempting to achieve a consistent coordinate structure of operations aimed at the desired results.” — Theo Haimann
Planning aims at bridging the gap between where we are and where we want to go.