Document (13).docx - Chapter 2 homework Planning is a process of thinking it is an organized foresight a vision based on experiences and facts that is

Document (13).docx - Chapter 2 homework Planning is a...

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Chapter 2 homework Planning is a process of thinking; it is an organized foresight, a vision based on experiences and facts that is necessary for an intelligent action. Planning bridges the gap between where you are to where you want to go. In short, it is a decision-making process. According to Henri Fayol, planning is the most crucial of all the five functions of management, which requires an active participation of the entire organization. Following time and implementation, planning must be coordinated at various levels. It must consider the resources available in the organization and the flexibility of the personnel; as this guarantees continuity.. Various Aspects of Planning Planning is an intellectual process. Planning is the first stage of the managerial functions. Before planning, there
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