Business Studies, asked by Lallawmthari, 11 months ago

Explain how does planning help reducing uncertainties?

Answers

Answered by unknowngirl94
3

Explanation:

it enables the manager to look ahead and do the changes.only by deciding in advance that is planning

Answered by gratefuljarette
1

Planning is done keeping the future in mind. Effective planning helps in reducing the risks with bringing changes for the betterment of the organization. The various activities can be well planned with reducing the level of risks and uncertainty of the future.

Explanation:

  • Proper systematic  planning reduces the risk of uncertainty by effectively guiding an organisation  in a proper direction. It helps in reducing the level of risks and helps the management in anticipating and analyzing the future changes.
  • The process of planning  leads to a reducing the uncertainty of the foreseen events. Planning helps in minimizing the wasteful activities and improves efficiency with bringing down the costs.
  • Planning helps the management with making the right decisions for allocation of resources in a manner that increases the level of productivity and helps the company to achieve its objectives.

To know more about planning

Types of Planning in development planning

https://brainly.in/question/15948951

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