PLANNING: Importance of
Planning Part - I
Success of any business or industrial unit depends upon the time and experience
invested during the formulation of its planning. Planning is very important for
an organization irrespective of its field, scale of operation and geographical
location.
All objectives are achievable only after an effective and
efficient planning. It is only, this planning which decides the procedures and
describes the general rules for the activities for achievement of defined
goals.