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Question
Distinguish Between the following:
Planning & Co-ordinating.
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. |
RELATED QUESTIONS
Distinguish Between.
Planning and Controlling
__________ sets out standards for controlling.
Give one Word/Phrase/Term for the following statement.
First function of management.
Give one Word/Phrase/Term for the following statement.
It is an intellectual process of logical thinking and rational decision-making.
Every function of management is not based on planning.
Specialization in activities leads to an increase in organizational efficiency.
Answer in one sentence.
What is planning?
Explain the following term/concept.
Planning
Distinguish Between.
Planning and organizing.
Justify the following statement.
Planning is the first function of Management
The functions of manager start with ___________.
Planning is a detailed programme of ____________ course of action.
Find the odd one.
Study the following case/situation and express your opinion
Navnath and Jagannath are partners of a firm dealing with civil construction activity. They have set objective of completing 3 projects within next four years. Navnath is responsible for arranging funds, construction machinery and required raw material while Jagannath hired architects, draftsman, surveyors, contractors and labors.
- Name the management function Navnath was involved in.
- Who did staffing for the firm?
- Which management function Navnath and Jagannath did jointly?
Distinguish Between.
Planning and Directing
Answer the following.
What is planning? Explain its importance.