Principles Of Management Unit 2 Ppt May 2026

It is the first managerial function that sets the stage for everything else.

It exists at all levels of management, from top-tier strategic plans to floor-level operational schedules.

Listing different ways to reach the goal and weighing their pros and cons. principles of management unit 2 ppt

Its main goals include offsetting uncertainty, securing economical operations, and providing the standards against which performance will later be measured. 2. The Planning Process

Planning has no meaning unless it contributes to achieving specific organizational goals. It is the first managerial function that sets

Identifying the assumptions (e.g., economic forecasts, government policies) under which the plan will operate.

Analyzing the environment to find areas for improvement. securing economical operations

Choosing the best course of action.