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Unformatted text preview: d. Planning leads to accompishment of objectives at the minimum possible cost. e. It avoids wastage of resources and ensures adequate and optimum utilization of resources. f. A plan is worthless or useless if it does not value the cost incurred on it. g. Therefore planning must lead to saving of time, effort and money. h. Planning leads to proper utilization of men, money, materials, methods and machines....
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This note was uploaded on 11/25/2011 for the course MANAGEMENT mg101 taught by Professor - during the Fall '09 term at Montgomery.
- Fall '09