Business Studies, asked by shahinap781, 2 months ago

Why planning is considered as "forward and backward looking"​

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Answered by Anonymous
2

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  • Plans are framed for future and are based on forecasts about future events. Therefore, planning is regarded as a forward looking function. However, controlling also improves future planning by providing corrective action to the deviations from plans
Answered by Anonymous
32

Answer:

Plans are framed for future and are based on forecasts about future events. Therefore, planning is regarded as a forward looking function. However, controlling also improves future planning by providing corrective action to the deviations from plans

Explanation:

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