Short Answer
Easy difficulty • Direct answer format
Question 1
Quick RecallWhat is the meaning of planning as a management function?
- Planning means deciding in advance what to do and how to do it, making it one of the basic managerial functions.
- It involves setting objectives for a given time period and formulating various courses of action to achieve them.
- Planning bridges the gap between the present position of an organisation and where it wants to reach in the future.