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Lecture notes Business Management (Cbma) Introduction to Business Management

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Best summary for the seventh chapter of the textbook

Institution
University Of Limpopo (UL)
Course
Business Management (CBMA)










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Barney Erasmus Introduction to Business Management
  • 2016
  • 9780190412807
  • Unknown

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Institution
University of Limpopo (UL)
Course
Business Management (CBMA)
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Uploaded on
April 15, 2024
Number of pages
19
Written in
2023/2024
Type
Class notes
Professor(s)
Mr mj sekele
Contains
All classes

Subjects

  • very helpful

Content preview

CHAPTER 7
PLANNING

,Chapter content
• Introduction
• The benefits and costs of planning
• Managerial goals and plans
• The planning process
• The implementation of plans
• Summary

, Introduction

•Planning gives direction
•Forces managers to be future-oriented
•Enables the organisation to deal with changes
in the business environment
•Two components of planning
o Goals
o Plans
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