Question

Name the function of management which involves setting objectives and developing appropriate courses of action to achieve these objectives.​

Answer 1

Answer:

Name the function of management which involves setting objectives and developing appropriate courses of action to achieve these objectives. 2. Which of the following is not a benefit of planning? (a) Planning reduces overlapping and wasteful activities.

Answer 2

Planning is the function of management which involves setting objectives and developing appropriate courses of action to achieve these objectives.​

Principles of management:

• The principles of management are categorized into 4 functions-

                                     P-O-L-C

• P -Planning
• O - Organizing
• L - Leading
• C - Controlling.

Planning:

• A process of thinking and setting objectives to achieve the desired goal.
• It involves developing the course of action.
• The types of planning-

1. Strategic planning
2. Tactical planning
3. Operational planning

Planning helps to achieve a goal effectively. It helps in better analysis of the situation and the needs. Planning must involve the consideration of the difficulties and alternate course of action.

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