BUISENESS MANAGEMENT
BUSINESS PLANNING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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past and present position
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past and future position
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Present and future position
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Only future
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Detailed explanation-1: -Ans. Planning seeks to bridge the gap between where we are and where we want to go. It involves setting objectives and targets and formulating an action plan to achieve them.
Detailed explanation-2: -It is the process which decides in advance the objectives be achieved and formulates plans, policies, and methods to achieve them. In this way, we can say that it bridges the gap between why we are and where we want to go.
Detailed explanation-3: -Planning bridges the gap between where we are to, where we want to go. It makes possible things to occur which would not otherwise occur”.
Detailed explanation-4: -Vision is the bridge between the present and the future.
Detailed explanation-5: -Strategy, in short, bridges the gap between “where we are” and “where we want to be”.