Define planning, types of plans, advantages and of disadvantages planning?
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Planning is very important for successfulness and the effective performance of an organisation not only for organisations but also for individuals. It is the most basic of all the managerial functions. It involves selecting missions and objectives and the actions to achieve them. Therefore every organisation gives a greater emphasis on planning.
Planning as a process involves the determination of future course of action, that is why an action, what action, how to take action, and when to take action. These are related with different aspects of planning process.
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