Involves:
a. Selecting Objectives
b. Evolving Action Plan
c. To Accomplish them
d. It Requires
i. Decision-Making i.e. choosing from alternatives
ii. It is Rational Approach to Accomplish Objectives
iii. Implies Managerial Innovation
iv. Bridges the gap from where we are to where we want to go
v. Planning & Control go hand in hand
Characteristics of Planning
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