Business Studies, asked by mukku10, 8 months ago

explain the importance of planing

Answers

Answered by ʙʀᴀɪɴʟʏᴡɪᴛᴄh
5

Explanation:

Planning Facilitates Decision Making: Planning helps the managers to take various decisions. As in planning goals are set in advance and predictions are made for future. These predictions and goals help the manager to take fast decisions

Answered by hirdyanath78
2

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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