FEATURES
OF PLANNING
1.Focus
on realizing the objectives set
2.Intellectual
process involving mental exercise
3.Selective
as it selects the best course of action
4.Pervasive
as all the levels of management plan
5.Lays
foundation of the successful actions of management
6.It is
flexible
7.It is
Continuous
8.Efficiency
is measured by what it contributes to the objectives.
OBJECTIVES
OF PLANNING
1.Helps
in effective forecasting
2.Provides
certainty in the activities
3.Establish
coordination in the enterprise
4.Provides
economy in the management
5.Helpful
in the accomplishment of budgets
6.Gives direction to all the
activities of an organization
