Planning Flashcards
1
Q
What is planning?
A
Determining in advance what to do and who is to do it..
2
Q
State the Importance of Planning.
A
1) Direction
2) Reduce Risks
3) Reduces Overlapping
4) Innovation
5) Decision making
6) Standards
3
Q
Explain Direction as Importance of planning.
A
Planning decides what action should be taken and in which direction.
4
Q
Explain Reduce risks as Importance of planning.
A
Planning anticipates risks and managerial responses can be developed.
