characteristics of planning

Characteristics of Planning Planning in management is a crucial mental process where managers use their intellect, imagination, and judgment to set goals and decide how to achieve them. It involves anticipating future needs and adjusting current actions to align resources and opportunities with these goals. As an ongoing, dynamic activity, planning requires continuous data analysis … Read more

Characteristics of Operational Planning Operational planning in business involves creating detailed plans that outline the day-to-day activities required to achieve the company’s short-term objectives. It is executed by middle-level management and focuses on specific departments or units. This process supports strategic planning by translating long-term goals into actionable tasks, ensuring the organization operates efficiently and … Read more