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Explain the following as feature of planning function of management: Planning is futuristic. - Business Studies

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Question

Explain the following as feature of planning function of management:

Planning is futuristic.

Explain

Solution

Future-oriented planning aims to achieve future objectives. Planning involves anticipating future conditions, identifying opportunities and challenges, and creating proactive plans to address them. A forward-thinking perspective enables managers to anticipate challenges, capitalize on trends, and position the organization for long-term success.

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2023-2024 (February) Outside Delhi Set - 3
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