Business Studies, asked by teresalagas, 6 months ago

Which is more important and therefore should be given much attention, planning or control?
Why?​

Answers

Answered by bhavikbalyan2008
0

Answer:

I think mark as brainlist please

Answered by marshiya2005
2

Answer:

planning

Explanation:

(i) Planning is continuous Plans are prepared for a specific period of time, may be for a month, a quarter or a year. At the end of that period, there is need for a new plan to be drawn on the basis of new requirements and future conditions. Management can’t afford to follow rigid plans in the era of fast changes in technology, market, etc. Thus, a manager must develop or modify the plans from time to time as per the need. Hence, planning is a continuous process.

(ii) Planning is futuristic Planning is essentially looking ahead and preparing for the future. It is based on the proverb, ‘look before you leap’. In other words, it is carried out to achieve some objectives in future. It, therefore, becomes essential to anticipate or predict the future.

For example, A manufacturer prepares next year’s production plan after forecasting the demand. Therefore, it is said that planning is futuristic and involves thinking before doing.

(iii) Planning involves decision-making The need of planning arises because of the availability of various alternatives to achieve specified objectives. It considers or evaluates the best alternative. Decision-making is an integral part of planning. A manager is surrounded by number of alternatives. He has to pick the best depending upon requirements and resources of the enterprises.

(iv) Planning is pervasive Planning is required at all levels of management as well as in all departments of the organisation. It is not only for top management but it differs at different levels and among different departments. The top level may be more concerned about planning for the organisation as a whole whereas, the middle level may be more specific in departmental plans and the lower level is concerned for the implementation of the same.

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