Describe the steps involved in the planning process. How does effective planning contribute to the success of an organization?
Describe the steps involved in the planning process. How does effective planning contribute to the success of an organization?
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Describe the steps involved in the planning process. How does effective planning contribute to the success of an organization?
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Step 1: Define the term planning process.
The planning process refers to a methodical and systematized approach used by individualities, associations, or groups to define their objects, set pretensions, develop strategies, and outline the way necessary to achieve asked issues. It's a abecedarian operation and decision- making function that helps guide conduct and allocate coffers efficiently.
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