Accountancy, asked by rohitroy54, 8 months ago

What are the two features of a time plan?

Answers

Answered by kavipravin
0

Answer:

The following points highlight the features of planing.

i) Focus on Objectives: Planning serves the basis far guidelines for what goals are to be achieved and how they are to be achieved. Any management should formulate plans keeping view the specific goals in mind. These plans must ensure that the desired objective is attained. The managers must make sure that the plans made are purposeful. For example, if sales target is to be achieved then the plans must be made in sync with this objective.

ii) Stepping Stone: Planning serves as the stepping stone for all other functions of an organisation. That is, planning precedes all other functions such as organising, directing, staffing and controlling. This is because plans states the objectives and all other functions are in accordance with the said objectives. Once the plans are determined, the role of other interrelated functions comes into place. Thus, planning sets the basis for other functions of an organisation.

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Answered by brainlybadboy54
0

Explanation:

Planning is Primary Function: Planning provides the base for another function of management. ...

Planning is Pervasive: ...

Planning is Future Oriented: ...

Planning is Goal-Oriented: ...

Planning is Continuous: ...

Planning is an Intellectual Process: ...

Planning Aims at Efficiency: ...

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