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The purpose of planning is to meet future events effectively to the best advantage of an organisation. Identify the feature of planning highlighted here:
- a)Planning is mental exercise
- b)Planning is futuristic
- c)Planning is continuous
- d)Planning involves decision making
Correct answer is option 'B'. Can you explain this answer?
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The purpose of planning is to meet future events effectively to the be...
Planning is futuristic: This means that business’ goals and objectives need to be achieved at a particular time frame in the future and thus it is futuristic.
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The purpose of planning is to meet future events effectively to the be...
Planning is Futuristic
Planning is a process that involves looking ahead and setting goals for the future. It is a systematic way of preparing for future events and making decisions in advance to achieve desired outcomes. The feature highlighted in the given statement is that planning is futuristic.
Key Points:
- Anticipating future events: Planning involves thinking about what may happen in the future and preparing for different scenarios. By anticipating potential challenges and opportunities, organizations can be better equipped to handle them when they arise.
- Setting goals and objectives: One of the key aspects of planning is setting specific goals and objectives that the organization wants to achieve in the future. These goals provide a clear direction for the organization and help in aligning efforts towards a common purpose.
- Making informed decisions: Planning allows organizations to make informed decisions by considering various factors and alternatives. By analyzing different options and their potential outcomes, organizations can choose the best course of action to achieve their goals.
- Adapting to change: Planning also involves flexibility to adapt to changing circumstances and adjust plans accordingly. By regularly reviewing and revising plans, organizations can stay responsive to external changes and ensure continued success.
In conclusion, planning is essential for organizations to navigate the uncertainties of the future and position themselves for success. By being futuristic in their approach, organizations can proactively address challenges and capitalize on opportunities to achieve their objectives.
Planning is a process that involves looking ahead and setting goals for the future. It is a systematic way of preparing for future events and making decisions in advance to achieve desired outcomes. The feature highlighted in the given statement is that planning is futuristic.
Key Points:
- Anticipating future events: Planning involves thinking about what may happen in the future and preparing for different scenarios. By anticipating potential challenges and opportunities, organizations can be better equipped to handle them when they arise.
- Setting goals and objectives: One of the key aspects of planning is setting specific goals and objectives that the organization wants to achieve in the future. These goals provide a clear direction for the organization and help in aligning efforts towards a common purpose.
- Making informed decisions: Planning allows organizations to make informed decisions by considering various factors and alternatives. By analyzing different options and their potential outcomes, organizations can choose the best course of action to achieve their goals.
- Adapting to change: Planning also involves flexibility to adapt to changing circumstances and adjust plans accordingly. By regularly reviewing and revising plans, organizations can stay responsive to external changes and ensure continued success.
In conclusion, planning is essential for organizations to navigate the uncertainties of the future and position themselves for success. By being futuristic in their approach, organizations can proactively address challenges and capitalize on opportunities to achieve their objectives.
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The purpose of planning is to meet future events effectively to the best advantage of an organisation. Identify the feature of planning highlighted here:a)Planning is mental exerciseb)Planning is futuristicc)Planning is continuousd)Planning involves decision makingCorrect answer is option 'B'. Can you explain this answer?
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The purpose of planning is to meet future events effectively to the best advantage of an organisation. Identify the feature of planning highlighted here:a)Planning is mental exerciseb)Planning is futuristicc)Planning is continuousd)Planning involves decision makingCorrect answer is option 'B'. Can you explain this answer? for Humanities/Arts 2024 is part of Humanities/Arts preparation. The Question and answers have been prepared according to the Humanities/Arts exam syllabus. Information about The purpose of planning is to meet future events effectively to the best advantage of an organisation. Identify the feature of planning highlighted here:a)Planning is mental exerciseb)Planning is futuristicc)Planning is continuousd)Planning involves decision makingCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Humanities/Arts 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The purpose of planning is to meet future events effectively to the best advantage of an organisation. Identify the feature of planning highlighted here:a)Planning is mental exerciseb)Planning is futuristicc)Planning is continuousd)Planning involves decision makingCorrect answer is option 'B'. Can you explain this answer?.
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