Planning — Business Studies STD 12 Commerce — Question
CBSE BoardEnglish MediumSTD 12 CommerceBusiness StudiesPlanning1 Mark
Question
Explain how planning is futuristic.
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Answer
Planning is looking ahead, as it is based on forecasting and is prepared for the future. It implies peeping into the future, analysing it and predicting it. Thus, it is a futuristic process. The purpose of planning is to meet future events effectively to the best advantage of an organisation.
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