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answer 1 - to forecast their needs relative to available...

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Planning is central to the management of any organization.Organizational planning and Contingency planning are the two categories of Planning.The primary goal of organizational planning is creation of detailed plans i.e. on how to meet the organization's objectives whereas Contingency planning focuses on planning of unforseen events.In a situation where there are continual constraints on resources,a good planning enables an organization to make most out of the resources in hand.Organizations must be able
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Unformatted text preview: to forecast their needs relative to available resources as best they can to ensure best decision making. Without a detailed planning,organizational units would attempt to meet objectives independently with each unit being guided by its own initiative ideas.This uncoordinated effort will not only fail objectives but also lead to inefficient use of resources....
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