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importance of planning
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importance of planning Related: NCERT Solutions -Ch-4- Planning,BST, ...
The main advantages of planning are as follows:
Planning increases the efficiency of an organization.
It reduces the risks involved in modern business activities.
It facilitates proper coordination within an organization.
It aids in organizing all available resources.
It gives a right direction to the organization.
It is important to maintain good control.
It helps to achieve the objectives of the organization.
It motivates the personnel of an organization.
It encourages managers' creativity and innovation.
It also helps in decision-making.
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importance of planning Related: NCERT Solutions -Ch-4- Planning,BST, Class 12
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importance of planning Related: NCERT Solutions -Ch-4- Planning,BST, Class 12 for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about importance of planning Related: NCERT Solutions -Ch-4- Planning,BST, Class 12 covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for importance of planning Related: NCERT Solutions -Ch-4- Planning,BST, Class 12.
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