Answers ( 2 )

  1. Planning facilitates the decision-making by making a choice from among the available alternatives courses of action.

  2. Planning is the first and most important function of management. It is needed at every level of management. In the absence of planning all the business activities of the organisation will become meaningless. The importance of planning has increased all the more in view of the increasing size of organisations and their complexities. There are some points mentioned below which reveals its imporatnce:-
    1. Planning provides direction
    2. Planning reduces risks of uncertanity
    3. Planning reduces overlapping and wasteful activities
    4. Planning promotes innovative ideas

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