which of the following is not a importance of planning?
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please write complete question
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Answer:
Planning does not need encouraging innovation.
Explanation:
Planning is a key activity that managers use to determine the policies, processes, and course of action to be taken in order to accomplish both managerial and organizational goals.
Any commercial enterprise's overall strategy should include financial planning.
1. Financial planning aids in preventing business surprises and shocks.
2. assists in coordinating different corporate operations.
3. minimizes waste, duplication of labour, and planning gaps.
4. aims to connect the present and future.
5. assists in predicting potential future events.
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