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Justify the following statement. Planning is the first function of Management : - Organisation of Commerce and Management

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Question

Justify the following statement.

Planning is the first function of Management

Short Note

Solution

  1. Planning refers to detailed programme of future courses of action.
  2. It includes deciding the things to be done in advance.
  3. All other functions of management are based on planning. 
  4. Unless the plan is ready, other management functions such as organising, staffing etc. cannot be undertaken.

Hence, planning is the basic and first function of the management process.

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Functions of Management - Planning
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Chapter 2: Functions of Management - Exercise [Page 35]

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SCERT Maharashtra Organisation of Commerce and Management (OCM) [English] 12 Standard HSC
Chapter 2 Functions of Management
Justify the following statement | Q 1

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.


Answer in one sentence.

What is planning?


Explain the following term/concept.

Planning


Distinguish Between.

Planning and organizing.


_____________ is the fundamental function of management.


Planning is a detailed programme of ____________ course of action.


Write a word or phrase or a term which can substitute the following:

Detailed program of future course of action.


Find the odd one.


Arrange in proper order.

Controlling, Planning, Organising


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. 

  1. Name the management function Navnath was involved in.
  2. Who did staffing for the firm? 
  3. Which management function Navnath and Jagannath did jointly?

Distinguish Between.

Planning and Directing


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