ilearnlotLearn Concept of Business, Economics, Management
What is Knowledge? Facts, information, and skills acquiring through experience or education; the theoretical or practical understanding of a subject. Awareness or familiarity gain by an experience of a fact or situation. Also learn, Knowing is a familiarity, awareness, or understanding of someone or something. Such as facts, information, descriptions, or skills, which is acquiring through experience or education by perceiving, discovering, or learning.
As well as, The fact of knowing about something; general understanding or familiarity with a subject, place, situation etc. Awareness of a particular fact or situation; a state of having been informed or made aware of something. Also, Intellectual understanding; the state of appreciating truth or information. As well as, Knowledge consists in recognizing the difference between good and bad decisions. Familiarity or understanding of a particular skill, branch of learning etc.
Learn and Understand, Explain are the Nature and Features of Planning in Business! Modern managers are facing the challenge of designing a sound action plan for their organizations to achieve their organizational goals. Planning gives a scientific direction to managers as to where the firm has to move to attain its ...
Learn and Understand, Discussion of the main Nature of Planning! A plan is a predetermined course of action to achieve a specified goal. It is an intellectual process characterized by thinking before doing. It is an attempt on the part of the manager to anticipate the future in order to achieve better performance. Plan
Learn and Understand, Description of the Key Characteristics of the Planning! Planning involves setting objectives and deciding in advance the appropriate course of action to achieve these objectives so we can also define...After that also, discuss the main steps involved in the planning process in an organization.