Decision Making & Planning | Management & Economics

Planning and decision- timber is the foremost important directorial function, and there are numerous relations between them. Planning is allowing of doing. Decision- timber is a part of planning.

Planning is the process of choosing an unborn course of action, where decision-making means opting for a course of action. Planning and decision- timber is the most vital step of all directorial functions.

Planning is a type of directorial function where directors are needed to establish pretensions and state the ways and means by which these pretensions are to be attained.

Thus it's taken as the foundation for unborn conditioning. In simple terms; planning denotes deciding in advance what's to be done. It's more like thinking of doing.

A good director has got to anticipate planning in both long-range and short-range unborn directions by estimating and assessing the longer-term geste of the applicable terrain and by determining the enterprise’s own asked part.