Question

Write a note on importance of planning.

Answer 1

flag on the Red Fort is can only be done by the Prime Minister of India it cannot be done by the president
president is only the nominal head of the country but Prime Minister is a real head of the country

the main decisions of the country can be taken by the Prime Minister only without consulting with the president

Answer 2

Planning plays an important role in excellent execution of business plans. In order to achieve optimum utilization of resources, effective execution of personnel, there needs to be certain plans that have to be in place.

An effective plan acts as a road map for a business organization and elucidates objectives to be achieved and the methods to be used to achieve such plans.