PLANNING:
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Planning is critical for business – we have to organize our day’s, weekly, monthly, yearly and long range activities.
Planning gives us direction and helps identify and focus important issues for business
• Objective – A clear specific measuring post indicating progress towards achieving a short term goal.
• Goal – An overall or longer term aim providing focus for day to day activities
• Plan – projected courses of action aimed at achieving future objectives – they provide clear goals and map the activities needed to achieve them efficiently and effectively .