WHAT ARE THE LIMITATIONS OF PLANNING

1. Based on certain assumptions: Planning is based on certain assumptions or premises derived from forecasts about the likely behaviour or relevant future events and variables. If such assumptions or premises turn out to be wide off the mark, the very basis of plans gets affected. After all, forecasting is not an exact science. 2. Incomplete information: The information needed Read More …

10 REASONS WHY PLANNING IS IMPORTANT

1. Provides direction: Planning provides a clear sense of direction to the activities of the organisation and to the job behaviour of managers and others. It strengthens their confidence in understanding where the organisation is heading and what for, how best to make the organisation move along the chosen path, and when should they take what measures to achieve the Read More …

10 MAJOR CHARACTERISTICS OF PLANNING

The managerial function of planning has certain unique characteristics of its own, which distinguish it from the other managerial functions. It also shares a few characteristics with other managerial functions. All the characteristics together reflect the nature of the planning function. They are discussed below: 1. The primacy of planning: Planning precedes all other managerial functions. The process of management Read More …

Status of Office Manager

A large variety of equipment and ‘machines are used in modern offices for performing different operations. These may be broadly classified into three groups as follows: 1. Copying and duplicating machines: These machines help in getting multiple copies of a document. The common examples of such machines are typewriters, duplicators, addressing machines and photocopying machines. 2. Accounting, tabulating and computing Read More …