Business Studies, asked by aartidudi, 1 year ago

visit any business organisation in your vicinity and chalk out a list of activities relating to planning? also elaborate the relationship of planning with decision making.

Answers

Answered by Vishu2410
1
Planning is a key management role in any organization, whether a private business, a nonprofit organization, a corporate business or a government agency. Managers engage in different types of organizational planning to strategically steer their companies towards profitable and successful futures. Effective planning relies on a thorough understanding of the range of variables involved in each decision and collaboration with employees from different levels of an organization. Reviewing a few examples of organizational planning can refine your own planning skills.
Decisions can be made without planning but planning cannot be done without making decisions. Planning can be defined as the process of selecting a future course of action.
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