NATURE AND SIGNIFICANCE OF MANAGEMENT — OCM STD 12 Commerce — Question
Gujarat BoardEnglish MediumSTD 12 CommerceOCMNATURE AND SIGNIFICANCE OF MANAGEMENT2 Marks
Question
Explain planning function of management.
✓
Answer
Planning means selection of facts for the expected result and to establish inter-relationship between them, as well as observation of necessary activities. Planning is the first step towards efficient management.
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