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Distinguish Between the following: Planning and Co-ordinating. - Organisation of Commerce and Management

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Question

Distinguish Between the following:

Planning & Co-ordinating.

Distinguish Between

Solution

Basis Planning Co-ordination
Meaning Planning is a
the psychological process of thinking and deciding in advance what is to be done and how it is to be
done.
Coordination is the
process of achieving
goals by establishing
harmony and integrity among people in the
organization.
Objective To set goals and choose the means to achieve them. To ensure smooth
functioning of the
organization.
Level of management Plans are formulated by the top-level
management.
Coordination is required at all levels of management.
Order It is the first function of management. It is the fifth function of management; it comes after planning, organizing, staffing, and directing.
Factors Internal and external
factors are considered while setting goals.
It focuses on the internal environment of the organization.
Area of function It includes setting objectives by identifying the ways of attaining the goal and selecting the best plan. It includes integration of efforts of top level, middle level, and lower level.
Resources Planning is done as per the requirement and availability of resources. It is related to human resources.
Nature It is continuous in nature. It exists for the whole life of the organization. This is a continuous process related to all managerial levels.
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Functions of Management - Planning
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Chapter 7: Functions of Management - Distinguish Between the following [Page 173]
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