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Planning is widely regarded as the because it precedes and dictates all other functions, such as organizing, staffing, and controlling. It is the intellectual process of deciding in advance what is to be done, when, where, how, and by whom. 1. Nature and Purpose of Planning

Unit 2 of a Principles of Management course typically focuses on the core managerial function of . This phase is the foundation of the P-O-L-C framework (Planning, Organizing, Leading, Controlling), establishing the roadmap an organization follows to reach its goals. Core Concepts of Planning

Unit 2: Planning Subtitle: The Foundation of Managerial Action Includes: MBO, Decision Making, Types of Plans & Strategy