Explain any four nature of Planning.

Answer – Planning means deciding in advance what to do, how to do it, when it should be done and who should do it. It establishes objectives and selects an appropriate course of action, bridging the gap between the present position and the desired future.

• Focuses on objectives: activities are directed towards stated results.
• Primary function: it provides the basis for organising, staffing, directing and controlling.
• Pervasive: all levels and departments plan, although the scope differs.
• Continuous: plans cover a period and are revised or replaced as conditions change.
• Futuristic: forecasts and assumptions help prepare for future events.
• Involves decision-making: managers compare alternatives and select suitable courses.
• Mental exercise: systematic thinking, analysis, imagination and judgement are required.