Problem1. According to Henry Fayol, planning is the most important function of managers in an organization. But, there is no empirical evidence that organizations that plan are more successful than organizations that don’t plan. The financial crisis also highlighted the difficulty of planning in organization.

problem1. Describe what you understand by the term planning and how it is a most important function in organization.

problem2. Describe the reasons for the failure of plans in organization and the ways in which planning can be more effective.

problem3. Describe how planning is important in the control function in organization.