what are the purpose of planning in an organization?

Answer Posted / nayomi abraham

planning is very important thing in business scenario. It
helps us to know how to be there in a market, how to improvise
our business and also a good plan can say the future.
A plan is an important aspect of business. it serves the
following three critical functions helps management to clarify
, focus and research their business's of projects development
and prospects. Provides a considered and logical framework
within which a business an develop and purse business
strategies over the next three of five years.

Is This Answer Correct ?    5 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How have you decided what level of detail to go into?

726


Q. 4 (a) To modify an, existing worksheet. What steps are involved for: 1. Inserting and deleting rows and columns. 2. Printing cell formulas 3Jld displayed values 3. Using the page setup command

1513


6. Case Study:- A Failure to Communicate Could you come to my office for a minute, Bob?’ Asked Terry ( the plant manager ). Sure, be right there,” said Bob Gemson. Bob was the plant’s quality control director. He had been with the company for four years. After completing his degree in mechanical engineering, he worked as a production supervisor and then as maintenance manger prior to promotion to his present job. Bob thought he knew what the call was about. “But letter of resignation catches me by surprise,’ began Terry. “1 know that Wilson products will be getting a good man, but we sure need you here, too”. “J thought about it a lot, ‘said Bob, “but there just doesn’t seem to be a future for me here. “ “Why do you say that’?” asked Terry. “Well,” replied Bob, “the next position above mine is yours. With you only thirty- nine,. I don’t think it’s likely that you’ll be leaving soon. “The fact is that I am leaving soon,’ said Terry. “That’s why it’s even more of a shock to know that you are resigning. I think I’ll be moving to the corporate offices in .Tune of next year. Besides, the company has several plants that are larger than this one. We need good people in those plants from time to time, both in quality control and in general management.” “Well, I heard about an opening in the Cincinnati plant last year,” said Bob, “but by the time I checked, the job had already been filled. We never know about job opportunities in the other plants until we read about them in the company paper ‘All this is beside the point now. What would it take to get you to change your mind?” asked Terry. “I don’t think I can change my mind now,” replied Bob. “I’ve already signed a contract with Wilson.’ Questions (a) Evaluate the communication system at this company. (b) What actions might have prevented Bob’s resignation?

9159


Can Private company float shares to public ? If not, what is the procedure to make it public ?

1530


show that excise tax or sales tax imposes a Higher welfare cost than a lump- sum income tax of the same amount.

1418






Why do you feel that action was necessary?

647


Depresation Rates as per Income Tax Law ?

1955


what do you understand by the term 'scaling up?' do you think that is a reasonable approach for NGOs to initiate? Give reasons for your answers.

1837


What worked and what didn't?

673


Is outsourcing of computer can be called as bpo?

1661


What is managing business project? What do managing business project assignment?

1794


I defaulted on a second on my home loan. The statement I recieved from the lender states Suspence blance is 0. What does that mean?

1424


Q.4. Method(s) to settle Industrial Disputes is/ are: I. Investigation. II. Conciliation. III. Arbitration. (a). I&II. (b). Only I ©. I, II & III. (d). None of these.

1462


give an information about funds flow.

1851


what are the reasons for chossing banking as u r carrer?

1637