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Explain planning is continous woth example

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Explain planning is continous woth example

Posted by Aman Kaur 4 years, 1 month ago

CBSE > Class 12 > Business Studies

1 answers

Meghna Thapar 4 years, 1 month ago

Planning is a continuous process because: (a) A plan is prepared for a particular period. Hence, there is need for a new plan after the expiry of that period. (b) In case of any discrepancy plans are to be revised. (c) In case of rapid changes in the business environment plans are to be revised. Continuous planning is an approach to planning where static annual or bi-annual plans are replaced with a continually updated plan, which is revised every time an internal or external event (such as a shift in priorities, an unexpected delay in a given program or a change in the business environment) occurs.

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Don't post personal information, mobile numbers and other details.
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