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Identify the best definition of planning.
- a)An integrated process in which plans are formulated, carried out and controlled.
- b)The core activity of planners and planning departments.
- c)Setting an organisation's objectives and the means of reaching them.
- d)Devising ways of achieving the objectives of an organisation.
Correct answer is option 'C'. Can you explain this answer?
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Identify the best definition of planning.a)An integrated process in wh...
Planning is a crucial process in the management of an organization. Let's break down the best definition of planning:
- Setting an organization's objectives and the means of reaching them: Planning involves determining what an organization wants to achieve and outlining the necessary steps to accomplish those goals. This includes setting specific objectives, identifying resources needed, and establishing timelines for implementation.
- Devising ways of achieving the objectives of an organization: Once the objectives are established, planning involves developing strategies and action plans to achieve them. This may involve analyzing the current situation, identifying potential obstacles, and creating contingency plans.
By focusing on setting objectives and determining the best ways to achieve them, planning helps organizations work towards their goals in a systematic and organized manner. It provides a roadmap for success and guides decision-making processes. Ultimately, effective planning is essential for the long-term success and sustainability of an organization.
- Setting an organization's objectives and the means of reaching them: Planning involves determining what an organization wants to achieve and outlining the necessary steps to accomplish those goals. This includes setting specific objectives, identifying resources needed, and establishing timelines for implementation.
- Devising ways of achieving the objectives of an organization: Once the objectives are established, planning involves developing strategies and action plans to achieve them. This may involve analyzing the current situation, identifying potential obstacles, and creating contingency plans.
By focusing on setting objectives and determining the best ways to achieve them, planning helps organizations work towards their goals in a systematic and organized manner. It provides a roadmap for success and guides decision-making processes. Ultimately, effective planning is essential for the long-term success and sustainability of an organization.
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Identify the best definition of planning.a)An integrated process in which plans are formulated, carried out and controlled.b)The core activity of planners and planning departments.c)Setting an organisations objectives and the means of reaching them.d)Devising ways of achieving the objectives of an organisation.Correct answer is option 'C'. Can you explain this answer?
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Identify the best definition of planning.a)An integrated process in which plans are formulated, carried out and controlled.b)The core activity of planners and planning departments.c)Setting an organisations objectives and the means of reaching them.d)Devising ways of achieving the objectives of an organisation.Correct answer is option 'C'. Can you explain this answer? for CA CPT 2024 is part of CA CPT preparation. The Question and answers have been prepared according to the CA CPT exam syllabus. Information about Identify the best definition of planning.a)An integrated process in which plans are formulated, carried out and controlled.b)The core activity of planners and planning departments.c)Setting an organisations objectives and the means of reaching them.d)Devising ways of achieving the objectives of an organisation.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA CPT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Identify the best definition of planning.a)An integrated process in which plans are formulated, carried out and controlled.b)The core activity of planners and planning departments.c)Setting an organisations objectives and the means of reaching them.d)Devising ways of achieving the objectives of an organisation.Correct answer is option 'C'. Can you explain this answer?.
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