. Name the function of management which helps in the formulation of future plans, in the light of the problems that were identified and thus, helps in better planning in the future period.
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Relation between Planning & Controlling
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⏺Planning and controlling are closely related and reinforce each-other.
⏺Once a plan becomes operational, controlling is necessary to monitor the progress, measure it, discover deviations and initiate corrective measures to ensure that events conform to plans.
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planning and controlling.
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