Explain how company's approach to planing and it's mission can be translated into action plans

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Explain how company's approach to planing and it's mission can be translated into action plans

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Planning: Planning refers to the process which helps in bridging the gap between the point the company is standing at and the desired destination. Planning is a forward-looking function, which helps in formulating the plans of business that helps in achieving the objectives of the business.

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