Q28. The right people can help to take a business to the top; the wrong people can break the business Identify the management function indicated in the statement and explain its importance.
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Planning acts as a base for all other functions of an organisation. It precedes all other functions like organising, directing, staffing and controlling. This is because plans state objectives and all other functions are in accordance with the said objectives. Plans state what is to be done, how it is to be done, when it is to be done, etc. Thus, it is regarded as the basic function of management.
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