Question:medium
Explain the following features of planning:
(i) Planning is futuristic.
(ii) Planning involves decision-making.
Explain the following features of planning:
(i) Planning is futuristic.
(ii) Planning involves decision-making.
(i) Planning is futuristic.
(ii) Planning involves decision-making.
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Remember these structural insights for Planning Features:
- Futuristic $\rightarrow$ "Looking ahead" through forecasting to manage environmental uncertainty.
- Decision-making $\rightarrow$ Choosing the best path when multiple options/alternatives exist.
Updated On: Jul 18, 2026
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Solution and Explanation
Step 1: Identify the concept.
These are two features that describe the basic nature of planning as a management function.
Step 2: Planning is futuristic.
Planning always looks ahead, it involves forecasting future conditions such as market demand, competition and available resources, and preparing today for what is expected to happen tomorrow.
Step 3: Planning involves decision-making.
Planning is essentially about choosing the best course of action from among several alternatives, so every plan involves a decision on what to do, how to do it, and when to do it.
Step 4: Final answer.
Planning is futuristic because it is done in advance based on forecasts of future events, and it involves decision-making because it requires choosing the best alternative course of action out of the many available.
These are two features that describe the basic nature of planning as a management function.
Step 2: Planning is futuristic.
Planning always looks ahead, it involves forecasting future conditions such as market demand, competition and available resources, and preparing today for what is expected to happen tomorrow.
Step 3: Planning involves decision-making.
Planning is essentially about choosing the best course of action from among several alternatives, so every plan involves a decision on what to do, how to do it, and when to do it.
Step 4: Final answer.
Planning is futuristic because it is done in advance based on forecasts of future events, and it involves decision-making because it requires choosing the best alternative course of action out of the many available.
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Top Questions on Planning
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