Business Studies, asked by 9608460420sumit, 4 months ago

Write two points of importance of planning.​

Answers

Answered by himanisharma2292004
1

Answer:

Planning provides Direction:

It provides the directions to the efforts of employees. Planning makes clear what employees have to do, how to do, etc. By stating in advance how work has to be done, planning provides direction for action. Employees know in advance in which direction they have to work.

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Answered by satyasritha0617
1

Answer:

  • The planning process provides the information top management needs to make effective decisions about how to allocate the resources in a way that will enable the organization to reach its objectives.
  • Productivity is maximized and resources are not wasted on projects with little chance of success.

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