3. planning 3.1 think 3.1.1Introduction of Planning 3.1.2Definitions of Planning 3.1.3 suffers of Planning 3.1.4Importance of Planning 3.1.5Limitations of Planning 3.1.6process of Planning 3.1.7Types of Planning 3.1.8Objectives of Planning 3.2Objectives 3.2.1Definitions of Objectives 3.2.2Characteristics of Objectives 3.3Management By Objectives (MBO) 3.3.1Concept of MBO 3.3.2Definitions of MBO 3.3.3Features of MBO 3.3.4 cultivate of MBO 3.3.5Principles of MBO 3.4Strategies 3.4.1Concept of Strategies 3.4.2Definitions of Strategies 3.4.3Features of Strategies 3.4.4Strategic Management Process/Implementation of Strategy Questions 3.1 PLANNING 3.1.1 Introduction of Planning Today, businesses ar aiming at moving target. switch is the rule of present day business. A manager is divinatory to operate in a dynamic economy. Where there is no scope for complacency. Planning is the style of life. Planning is a legal instrument in the custody of manager who wants to face problem created by dynamic change. either enterprise which strives to survive and to expand soft and quantitative must(prenominal) place heavy emphasis upon planning. some(prenominal) organisation decentralising to better long range planning, which is mother more critical any day. 3.1.
2 Definition of Planning 1.A plan is a trap laid to capture the proximo. ? Allan 2.Planning is a process of deciding in advance, what is to be done, whom is to do it, how it is to be done, when it is to be done. - K. H. Killen 3.Planning is the quick-witted process, conscious object of, course of action, the basis of decision on purpose, f! acts and considered estimates. - Koontz and ODonnell 3.1.3 Elements/Feature/Characteristics of Planning 1.Planning begins with goal and ends with target outcome. 2.Planning is a primary conk of management. 3.Planning helps in ascertain the course of action. 4....If you want to get a full essay, aim it on our website: OrderCustomPaper.com
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