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They Both Used in the process of Selecting the perfect Action or Goal :
Planning is thinking of doing. Decision-making is a part of planning. Planning is the process of selecting a future course of action, where Decision-making means selecting a course of action.
Both Planning and Decision making are Used in managerial functions:
Planning and Decision they pervasive fuction managers which aimed in archiving organization goals.Planning and Decision making are to be taken Into consideration in all managerial fuctions such organizing,motivating,Monitoring,directing and controlling in all fuctional Areas such as production,Marketing,Finance ,Reserch and development. It indicates that Decion making and Planning are Spreading many areas in an Organization.
Both Planning and Decision making are used in the process of Achieving organization Goals:
futher more Planning Facilitates Decision Making .Planning helps the managers to take various decisions. As in planning goals are set in advance and predictions are made for future. These predictions and goals help the manager to take fast decisions.
Planning and Decision making focus on Proper Utilization of Resources :
Organization has various resources like man,money,Methods,material,Machines,material and Information .All this resources are proper Utilized without any leakage and wastage with the help of Proper planning and Decision making at the Right time . As result an organization can operate at minimum cost .
They Both Seek to Identify and Finding Solution of the Problem:
Planning and Decision making focus on finding the best alternative solutions of the Existing problem,They mainly focus on archiving the organization goals and achive Value for money .Example Late comers In School what should be done? Different people give ideas and one best idea will be choosen and the planning comes to play on how should we it ? When ?where?and Hence comes with the decision on plate and plans of how to do it .
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What is relationship of between planning and decision making?
what is the relationship between decision making and planning.?
What do you mean by Decesion Making as a key step in planning?
Decision making is the main task of the management function i.e. planning. without the decision making it is very tough to decide what to do and where is to do. Planning is just a blueprint of the future planning but decision making is not very easy task it is very wide in itself. In case of the lack of the decision making it is not possible to fulfill your planning. for the accomplished of the desire outputs perfect decision making is very necessary. In short, decision making is the primary function of the planning as well as useful for the maintain management.
What is the difference between planning and decision making?
Decision making is required during planning but planning is forming a plan before doing. Decision making is required while doing because unplanned things happen.
Why is decision making relevant to planning?
When planning, there are different options that could be chosen. Decision making is relevant to planning because decisions as to the best options need to be made.
Difference between MIS and Decision Making?
Mis helps in planning and controlling in an organisation but decision making means select a single alternative among all possible alternative.
What is the relationship between financial decision making and risk and return?
plz quote me the answer of the above question
Why you afraid in making a decision?
Afraid of making the wrong decision that will cost you a relationship, friendship or a live.
What is different between administration and management?
Administration is focused on record keeping; management is focused on planning, decision making, communicating, and directing.
Why Managers should know about research?
for proper planning and decision making.
What has the author Paul G Preuss written?
Paul G. Preuss has written: 'Data-based decision making and dynamic planning' -- subject(s): Educational planning, School management and organization, Decision making
What are the hurdles in creative decision making?
>Lack of cooperation within the decision making team itself>Planning>Technical knowhowitself>Resources>Time consumption
What is Decision making unstructured structured and semistructured?
Structured decision making refers to the organized approach to making an informed decision. It can be done using lists or other organizational tools. Unstructured decision making usually refers to the spur of the moment decision making that requires little planning. Semi-structured decisions are made using less organization than structured decisions, but can also employ quick thinking and less planning.
