FEATURES OF PLANNING
1.Focus on realizing the objectives set
2.Intellectual process involving mental exercise
3.Selective as it selects the best course of action
4.Pervasive as all the levels of management plan
5.Lays foundation of the successful actions of management
6.It is flexible
7.It is Continuous
8.Efficiency is measured by what it contributes to the objectives.
OBJECTIVES OF PLANNING
1.Helps in effective forecasting
2.Provides certainty in the activities
3.Establish coordination in the enterprise
4.Provides economy in the management
5.Helpful in the accomplishment of budgets
6.Gives direction to all the activities of an organization
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