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Planning — Business Studies STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceBusiness StudiesPlanning1 Mark
Question
What is meant by ‘Planning’? List any two features of planning.
✓

Answer

Planning refers to thinking before hand. Under this it is decided -what is to be done, how it is to be done, when it is to be done and by whom it is to be done.Features:
  1. It focuses on achieving objectives.
  2. t is primary function of management.

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