If goals are well defined, employees are aware of what the organisation has
to do and what they must do to achieve those goals.
Which point of importance of planning is highlighted in the above
mentioned statement?
(a) Planning reduces the risks of uncertainity
(b) Planning provides direction
(c) Planning facilities decision making
(d) Planning establishes standards for controlling
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Answer:
(a)Planning reduces the risk of uncertainity: → By guiding an organization in the right direction, it accredits its managers to analyse and anticipate changes. This leads to a reduction in uncertainty of the foreseen events.
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(b) Planning provides direction is highlighted in the above statement.
- Planning provides direction can carve a path for future actions. It makes sure that the goals and objectives are clear. If everyone in the organization is aware of the company's future goals and plans to achieve them, they can work with full focus.
- Planning promotes the coordination of different units. It reduces chaos and promotes smooth working among different departments.
- Planning also helps in promoting new and creative ideas that can benefit the organization.
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