Planning- Concept, Importance, Limitations, and Process- Business Studies Class 12

Planning

Planning is done in advance to achieve the future objectives. It is basically setting up the target and formulating the action of the plan to achieve the business goal. Plans are always developed for a fixed period of time.

We can define Plans as “setting targets and objective for a fixed period of time and formulating multiple courses of action to achieve them and selecting the best alternative course of action”

“Planning is a function that determines in advance what should be done. It consists of selecting the enterprise objective, policy, programmes, procedures and other means of achieving those objectives. In planning, the manager must decide which of the alternative plans to be executed and followed. Planning is intellectual in nature. It is mental work. It is looking ahead and preparing for the future” Theo Haimann

Features of Planning

Focus on achieving objective– It contributes to the achievement of the objective. It starts with the determination of objective and then the course of action is planned.

A primary function of the organization– it is the basic function performed by the management team. No other actions can take place without planning.

Continue

Comments

Lessons-Worksheets-Question Papers-CBSE Class 2 English

Lessons-Worksheets-Question Papers-CBSE Class 2 English CBSE 2nd Class English – One and Many In this blog, we share the spelling rules used in the concept of One and Many. When there is only one of a naming word (noun), it is said to be a singular noun . When a noun shows more than one, it is said to be in the plural . We can add –S, -es, -ves or ies to show that there is more than one noun. For example, we say many birds, four biscuits, six brushes. But for the students of Class 2 , it’s very difficult and confusing to understand where to use s , es, ves or ies in the form of many. Don’t worry, it looks difficult, but it is very easy as in grammar each concept has a set of rules that need to practice. Noun ending with –s, -x, -o, -sh, -ch, and –ss form plurals by taking –es. Look at these pairs of words: Bus – Buses Brush – Brushes Continue ..... Click here ...

Class 3 English Practice Grammar Worksheet -The Adverb

Class 3 English Practice Grammar Worksheet -The Adverb Class 3 English – The Adverb – Kinds of Adverb Fill in the blanks with suitable Adverbs of place. Choose from the box. Up outside everywhere back down away here there ...

Magnetic and non-magnetic material Class 6 Science

Magnetic and non-magnetic material Class 6 Science A magnet is a substance that is drawn to certain magnetic materials like iron, cobalt, and nickel. Magnets have the ability to draw iron to them. Natural magnets are rocks that naturally draw iron. Non-magnetic materials include things like wood, rubber, coins, feathers, leather, etc. that are not drawn to iron. Magnet characteristics It pulls magnetic materials, such as iron. The magnet's two ends are referred to as its poles. The magnet's diametrically opposed poles are drawn together. Heating, hammering, or dropping causes it to lose its characteristics. On the basis of properties types of Magnets Temporary magnets are those magnets that are magnetic for only a little duration. Typically, iron, cobalt, or nickel are used to make them. When they are close to the powerful magnet, they act like a magnet. When they are yanked away from the powerful magnet, they stop being magnetic. Permanent magnets are magnets that have magne...

Takshila Learning - Online Tutorials

Search This Blog