• Planning helps in achieving economies

• Planning helps in achieving economies -...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Planning helps in achieving economies. a. Effective planning secures economy since it leads to orderly allocation ofresources to various operations. b. It also facilitates optimum utilization of resources which brings economy in operations. c. It also avoids wastage of resources by selecting most appropriate use that will
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: contribute to the objective of enterprise. For example, raw materials can be purchased in bulk and transportation cost can be minimized. At the same time it ensures regular supply for the production department, that is, overall efficiency....
View Full Document

This note was uploaded on 11/25/2011 for the course MANAGEMENT mg101 taught by Professor - during the Fall '09 term at Montgomery.

Ask a homework question - tutors are online