QUESTION 2 10 Marks

Planning is the fundamental management function, which involves deciding beforehand, what is to be done, when is it to be done, how it is to be done and who is going to do it. It is an intellectual process which lays down an organizations objectives and develops various courses of action, by which the organization can achieve those objectives. It chalks out exactly, how to attain a specific goal. Despite above all there are certain contemporary issues related to planning which can hamper the attainment of GOALS, explain with the help of examples.