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Answer on Economics of Enterprise Question for farhad

Question #11686
what is planning ?
Expert's answer
Planning is the identification of the system of purposes of the organization's operation and development , as well as ways and means to achieve them. Any organization can not operate without planning, so as to make management decisions regarding:

* Allocation of resources;
* Coordination between different departments;
* Coordination with the external environment (market);
* Creating an efficient internal structure;
* Monitoring activities;
* Development of the organization in the future.

Planning provides timely decisions, avoiding haste in decisions, sets a clear goal and way of its implementation, and an opportunity to control the situation.

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