Business Studies, asked by yasmeenqureshi931, 5 hours ago

planning is the first function management; without proper planning all the effect will go in the mouth of the dog. explain​

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Answered by daminic450gmailcom
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Answer:

The relationship between planning and controlling can be explained as follows:

Origin of Planning Control: In planning, objectives or goals are set to achieve these goals, a process of control is required. Therefore planning is pre-control.

Control Planning Planning: Directs the course of planning. Controlling the areas where planning is required. Providing information for planning Controlling: Records the actual performance and deviations, if any, as compared to the standards set for control. The information collected for exercise control is also used for planning. Planning and control are interrelated: planning is the first function of management. Other functions like organizing, staffing, directing, etc., are organized to implement the plans. The control records the actual performance and compares it with the set standards. Deviations are detected if the performance is less than the prescribed standards. Appropriate corrective measures are taken to improve performance in future. Planning is the first function and control is the last. Both are dependent on each other.

Planning and Control is forward-looking: Planning and Control are concerned with the future activities of the business. Planning is always for the future and control is also forward. No one can control the past, it is the future that can be controlled. Planning and control are related to the achievement of business goals. Their joint efforts are to reach maximum production with minimum cost. Both systematic planning and organized control are necessary to achieve organizational goals.

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