Business Studies, asked by hiteshsainiforever, 2 months ago

explain the planning process and why it is required for implementation of activity and task. ( well explain for brainist please )​

Answers

Answered by akansharao
64

Answer:

choosing a destination

evaluating alternative routes

deciding the specific course of the plan

In organizations, planning can become a management process, concerned with defining goals for a future direction and determining on the missions and resources to achieve those targets. To meet the goals, managers may develop plans such as a business plan or a marketing plan. Planning always has a purpose. The purpose may involve the achievement of certain goals or targets.

Major characteristics of planning in organizations include:

Planning increases the efficiency of an organization.

Planning reduces risks.

Planning utilizes with maximum efficiency the available time and resources

The concept of planning in organizations involves identifying what an organization wants to do by using four questions: "where are we today in terms of our business or strategy planning? Where are we going? Where do we want to go? How are we going to get there?..."

Explanation:

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