1.

Management cannot be seen but felt. Do you think planning which is the primary function of management can be seen? How can we measure or evaluate the effectiveness of sound planning? Mention any five parameters that declare whether the plan turns out to be a success or a failure.

Answer»

i. No, planning cannot be seen. 

ii. The Parameters are : 

a. Whether planning reduces the risk of uncertainty or not ? 

b. Whether planning promotes innovative ideas or not ? 

c. Whether planning provides directions or not ? 

d. Whether planning reduces overlapping of wasteful activities or not ? 

e. Whether planning minimizes cost and time or not ?



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