The Management Function Of Planning Is Defined As ______.

The Management Function Of Planning Is Defined As ______. A. specifying the goals to be achieved and deciding in advance the appropriate actions needed to achieve those goals B. monitoring performance and making needed changes C. assembling and coordinating the human, financial, physical, information, and other resources needed to achieve goals D. stimulating high performance by employees
The correct option of this multiple choice question (mcq) is (A), as in “Panning”, the manager must identify the goals and the steps taken to achieve these goals. For example, if a manager wants to make the organization a market leader, then this is an identify goal. Now, he must describe the steps in achieving this organizational goal i.e., improve the quality of products or services, hiring quality staff, minimize the costs and maximizing output, improving efficiency of employees by giving them bonuses, commission and incentives, etc., to achieve this particular organizational or common goal.

Planning plays an important role in accomplishing organizational objectives and goals as every one get a clear picture about the goals & steps to be taken to achieve common goals. Without planning, the direction of the organization can’t set as no one knows what are our goals and what actions needed to taken to achieve those goals. Developing a plan takes time and patience but when a successful plan is developed, it should be followed to achieve the goals.

Planning measures the performance of the members working in the organization as it is known who achieved the targets within the time frame and what quantity of resources and quality he utilized in achieving the particular goal. It also helps in improving performance of members as if they don’t achieve the goals within time frame then why he lacks in completion of tasks within set time i.e., he failed to implement the plan on 4th day and as a result the delay in action would be a cause to complete the target in time.

The option (B) shows “Controlling” function of Management, so it is the wrong choice.

The option (C) denotes the “Organizing” function, so it is also incorrect selection here.

This option (D) is also wrong as it shows “Leading” function of management.

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