Tell me about importance of planning
Answers (2)
20th Mar, 2022
Hello,
The main advantages of planning are as follows:
- Planning increases the regulation of an organization.
- It lowers the risks involved in modern business activities.
- It facilitates proper coordination within an organization.
- It helps in organizing all available resources.
- It gives a right direction to the organization.
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20th Mar, 2022
Dear aspirant hope you are doing well...
Importance of planing is discussed below..
Planning provides Direction:
It provides the directions to the efforts of employees. Planning makes clear what employees have to do, how to do, etc. By stating in advance how work has to be done, planning provides direction for action. Employees know in advance in which direction they have to work.
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