The smooth functioning of your work area depends on your ability to effectively plan and coordinate the work of people to ensure that objectives are met. . When implemented. the plans will serve to coordinate.Introduction Planning Planning skills are essential if you want to achieve your goals. the efforts of all parts of the organization toward the company's objectives. or meld together.

various techniques which help to make information clearer and better analysed. There are also aids to decision-making. and experience in interpreting information. and to add numerical and objective precision to decision-making (where appropriate) to reduce the amount of subjectivity. .Introduction Decision Making Decision-making is a crucial part of good business. The question then is ‘how is a good decision made? One part of the answer is good information.

Priority of Objectives 3. Hierarchy Of Objectives 4. Measurability of Objectives .Objectives Of Planning 1. Flexibility Of Objectives 5. Multiplicity of Objectives 2.

Importance Of Planning  Planning determines the Future Destination   Planning makes the Activities of Employees     Meaningful Planning Economies Operations Planning Helps in Reducing the Risk of Uncertainties Planning Facilitates Coordination Planning Facilities Efficient Control .

Limitations Of Planning  Time Consuming  Paper work  Expensive  Generates Rigidity  Generates Frustration  Dangers of over targeting  Dangers of under Targeting  Danger of Human Error .

Importance Of Decision Making The importance of rational decision making is explained as follows: Helps in Accomplishing Goals Helps to Make Optimum Use of Resources Higher Efficiencies Facilitated Innovation Motivation Facilitates Expansion and Growth .

Limitations Of decision Making  limitation of time and money  Need for right information  Constraints  Uncertain environment  Limitation of judgment and skills  Problems or situations which cannot be precisely  Bias decisions .

000th branch in 2008. The bank has 84 international branches located in 32 countries and approximately 8. with more than $250 billion (USD) in assets. It is the second-largest bank in the world in number of branches. it opened its 10. .CASE STUDY Background: The Sate Bank of India is the oldest and largest bank in India.500 ATMs.

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