Question

Planning is defined as the process of Management Organizing Forecasting future problems Objective

Answer 1

Planning is the function of management that involves setting objectives

Explanation:

Planning is the function of management that contains setting objectives and determining a course of action for achieving those objectives. Planning requires that managers should be aware of environmental conditions faced by their organization and forecasting future conditions.

Planning contains some steps. These are:-

Environmental scanning, critical contingencies facing their organization in terms of economic conditions, their competitors, and their customers