Explain how planning fits in an organisation
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Answer:
The planning process provides the information top management needs to make effective decisions about how to allocate the resources in a way that will enable the organization to reach its objectives. Productivity is maximized and resources are not wasted on projects with little chance of success.
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Planning helps to
1. Reduce the risk of uncertainty
2. Promote innovative ideas
3. Establish standards for controlling
4. Take good decisions
5. Provide direction
6. Reduces overlapping and wasteful activities
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