Abstract

Concept of planning “Planning is thinking in advance about the tasks to be done in the future.” Planning can also be defined as the process of deciding in advance about what to do, how to do it, where to do it and who is to do it. It provides ends to be achieved. Planning is the process by which managers define goals and necessary steps to ensure that these goals are achieved. In simple term, planning also can be defined as the process of setting goals and choosing the means to achieve those goals. So, planning is the basis for all other managerial functions.