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Answer in one sentence. What is planning? - Organisation of Commerce and Management

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Question

Answer in one sentence.

What is planning?

One Line Answer

Solution

Planning is an intellectual process of logical thinking and rational decision making. In short, planning is a detailed programme of future courses of action.

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Functions of Management - Planning
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Chapter 2: Functions of Management - Exercise [Page 34]

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RELATED QUESTIONS

Distinguish Between.

Planning and Controlling


Distinguish Between the following:

Planning & Co-ordinating.


__________ sets out standards for controlling.


Match the pairs.

Group 'A' Group 'B'
A) Planning 1. It is the process of instructing, guiding, communicating, and motivating.
B) Organizing 2. It is an integration and synchronization of the efforts of the group.
C) Staffing 3. Deciding in advance what to do, how to do, when to do, and who is to do it.
D) Directing 4. Management is what the manager does.
E) Coordinating 5. To focus on the role of the manager.
  6. Decides the ways and means to achieve what has been planned
  7. It is the process of comparing the actual performance with the predetermined standard performance.
  8. It is a set of principles.
  9. It is the process of recruiting, selecting, placing, and remunerating.
 

10. To manage is to forecast and plan.

 

11. Principle of management

 

12. To focus on the role of an employee

 

13. General instructions from subordinate to superior


Give one Word/Phrase/Term for the following statement.

First function of management.


Give one Word/Phrase/Term for the following statement.

The term that is used to denote the structure.


Every function of management is not based on planning.


Specialization in activities leads to an increase in organizational efficiency.


Distinguish Between.

Planning and organizing.


Justify the following statement.

Planning is the first function of Management


The functions of manager start with ___________.


_____________ is the fundamental function of management.


Planning is a detailed programme of ____________ course of action.


Find the odd one.


Explain the following term/concept.

Organising


Distinguish Between.

Planning and Directing


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