Question

Explain the meaning and concept of term “Planning”

22 Dec 2016
Answer :
Word Count : 435

Planning is the first step for the function of any administration. The word planning as used by Fayol is "Prevoyance" which when translated explains forecasting and preparation for it. The word planning is also interchangeably used with policing. Before a plan or a policy can be made some attempt is made to forecast the situation to which the plan is to be applied. The degree of accuracy with which the forecasting is done determines the success of the plan. Forecasting should be done on the basis of available factual evidence rather than the opinion$ of the policy makers. Investigation

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