Features of Planning:
Line: he set out specific goals .................... the goals.
(i) Planning focuses on achieving objectives: Planning starts with the determination of objectives and decides the methods, strategy or course of action to achieve these objectives.
Line: Through sales forecasting ................. and sales.
(ii) Planning is futuristic: All the managers try to make predictions and assumptions for the future with the regular scanning of general environment. Thus planning is looking ahead or futuristic.
Line: He not only identified .................... year".
(iii) Planning involves decision making: It involves choice of the most suitable or the best from amongst the various alternative courses of action.
Line: Through correct foresight evaluated".
(iv) Planning is a mental exercise: It is an intellectual activity requiring high order thinking skills with logic and reasoning power to evaluate and decide the best course of action.