Distinguish between. Planning and organizing

Distinguish between.
Planning and organizing
Solution: 

Points

Planning

Organizing

1. Meaning

Planning is deciding in advance what to do how to do it, when to do it and who is to do it.

Organizing is the process of defining and grouping the activities of the enterprise and establishing the authority relationships among them.

2. Objective

To set goals and choosing the means to achieve these goals.

To identify and bring together all the required resources.

3. Area of function

It includes setting objectives by identifying the ways of attaining the goal and selecting the best plan.

It includes identification and grouping of activities, assigning the work, and establishing the authority relationship

4. Factors

Internal and External factors are considered in the planning process.

Internal and external factors are considered in the arrangement of resources.

5. Order

It is the basic first function of the management process

It is based on planning.

6. Resources

Planning is done as per the requirement and availability of resources.

All available resources i.e. men, money, material, machine, and method are arranged in a systematic manner.

7. Nature

It is continuous in nature. It exists in the whole life of an organization.

It takes place till the time all the resources are collected and arranged.

8. level of Management

Top management is concerned with planning the activities.

Top and middle-level management related with organizing the required resources.

OCM [Organisation of Commerce and Management] Business Studies, XII 12th Standard, 

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Chapter 2: Functions of Management

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Chapter 4: Business Services

Chapter 5: Emerging Modes of Business

Chapter 6: Social Responsibilities of Business

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