Planning means looking ahead and chalking out future courses of action to be followed. It is a preparatory step. It...
Read morePlanning is goal-oriented. Planning is made to achieve desired objective of business. The goals established should general acceptance otherwise individual...
Read morePlanning facilitates management by objectives. Planning begins with determination of objectives. It highlights the purposes for which various activities are...
Read moreInternal Limitations There are several limitations of planning. Some of them are inherit in the process of planning like rigidity...
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