how far planning is useful to management
Answers
Explanation:
Recognizing the Advantages of Planning
Gives an organization a sense of direction. ...
Focuses attention on objectives and results. ...
Establishes a basis for teamwork. ...
Helps anticipate problems and cope with change. ...
Provides guidelines for decision making. ...
Serves as a prerequisite to employing all other management functions.
Answer:
Planning improves decision-making processes and time management in two ways. First, it helps managers to keep the focus on a goal and thus ask themselves how alternative courses of action might facilitate or delay reaching it.
Explanation:
Planning is the process by which managers establish goals and specify how these goals are to be attained. Plans have two basic components: outcome or goal statements and action statements. Outcome or goal statements represent the end state—the targets and outcomes managers hope to attain.