What is planning discuss the planning process in detail

Planning is defined as thinking before doing. the forecasting of future problems and events from you planning and decision making since planning required decision on :

1. what should be done
2.  how should be done
3.  Who will be responsible for doing it
4.  where is action to be taken
5. Why is to be done

The planning is the function that determines in advance what should be done it consists of selecting the enterprise objectives policies programs procedures and other means of achieving objectives

 line is regarded as one of the most important activities in organisation for 2 reasons as mentioned below
1.The dwindling natural resources for the management to think of having assured supplies for the production does not suffer
2.Rapid changes takes place in environment any other area. organisation how to cope up with changing environment and adapt dances to the changes for which planning is essential.

Types of planning

• According to the time Planning can be classified as short term plan which extend UPTo 1year
• Medium term plan of more than one year 5 years
• Long Term plan for 5 years or a long period

Multi use plan

• Objectives ,strategies, policies, procedures ,methods ,rules
• Single use plan
• Programs ,budgets ,project ,schedules