Planning
PLANNING Planning is the process of deciding in advance what to do, how to do, when to do and who to do. It is one of the basic managerial functions. It refers to the determination of a course of action to achieve the desired result efficiently and effectively. Youtubelink :- https://youtu.be/2vevWO7ld68 DEFINITION "Planning is deciding in advance what is to be done. It involves the selection of objectives, policies, procedures and programmes from among alternatives." - M.E. Hurly IMPORTANCE OF PLANNING 1) Provides direction : By stating in advance the objectives in clear terms, planning provides the direction for action. 2) Reduces the risk of uncertainty : Planning helps in reducing uncertainties of future as it involves the anticipation of future events. 3)...