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- How can organizations foster a culture of planning and ensure that planning becomes an integral part of their operations?What is the importance of planning in achieving organizational goals and objectives? How can effective planning help organizations to stay competitive in today's business environment?Discuss the significance of the foundation of planning in organizational management. What are the key principles and concepts that form the basis for effective planning within an organization?
- Why a Business Plan is Important?What are the challenges and limitations of the planning process in a rapidly changing business environment? How can organizations adapt to these challenges?What are the benefits and limitations of using a formal planning process? Discuss the advantages and disadvantages of formal planning, and provide examples of when it is most effective.
- What is the importance of planning in achieving personal and professional goals, and how can effective planning contribute to success?What are the different types of planning that organizations engage in? What are the benefits and drawbacks of each type of planning?"Planning is not an activity but a rational process". Discuss and give the various steps in a planning process.