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Foundations of Business - Standalo...

4th Edition
William M. Pride + 2 others
ISBN: 9781285193946

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BuyFindarrow_forward

Foundations of Business - Standalo...

4th Edition
William M. Pride + 2 others
ISBN: 9781285193946
Textbook Problem

Why is planning sometimes referred to as the "first" management junction?

Summary Introduction

To determine: The reasons on planning referred as first management function.

Introduction: Management is a solitary or gathering of people who challenges and directs a man or aggregate gathering of individuals in endeavoring to achieve required objectives and targets. It is the way toward planning individuals and different assets to accomplish the objectives of a business.

Explanation

The reasons on planning referred as first management function are as follows:

A plan is a layout of the activities by which an association plans to achieve its objectives and targets...

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