Step 1: Characteristics of Planning.
Planning is a crucial management function that outlines how an organization will achieve its objectives. Two important characteristics of planning are:
1. Future-oriented: Planning involves predicting future scenarios and making decisions accordingly. It helps in preparing for future challenges and opportunities.
2. Continuous process: Planning is not a one-time activity but a continuous process that evolves as the business environment and organizational needs change.
Step 2: Conclusion.
These characteristics emphasize the dynamic and forward-thinking nature of planning.
