1.

Importance of Planning.

Answer»

Importance of Planning:

  • All activities are done systematically.
  • Wastage of resources can be avoided.
  • Planning reduces future uncertainties.
  • Planning leads to precision.
  • Useful for achievement of objectives.
  • Planning brings smoothness in other managerial functions.
  • Planning increases employees’ co-operation.
  • Effective control becomes possible.
  • Planning co-ordinates various activities’


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