GENERAL KNOWLEDGE

Detailed explanation-1: -Planning is the function of management that involves setting objectives and determining a course of action for achieving those objectives.

Detailed explanation-2: -A management objective refers to the primary goal of a management team or system. These goals dictate the actions, decisions and regulations created by an organization’s management. Managers often share goals with employees and executives to develop a consistent purpose and strategy for all members of the organization.

Detailed explanation-3: -1) Planning. Managers are responsible for the long-range vision and goals within a company. The planning function includes this vision and goal-setting along with the work of creating a plan to reach those goals.

Detailed explanation-4: -Planning: This step involves mapping out exactly how to achieve a particular goal. Say, for example, that the organization’s goal is to improve company sales. The manager first needs to decide which steps are necessary to accomplish that goal. These steps may include increasing advertising, inventory, and sales staff.

Detailed explanation-5: -Operational Planning. “Operational plans are about how things need to happen, ‘’ motivational leadership speaker Mack Story said at LinkedIn. Strategic Planning. “Strategic plans are all about why things need to happen, ‘’ Story said. Tactical Planning. Contingency Planning. 07-Jul-2017