Managerial Planning | Business Organisation and Management | Lecture-8 | Bcom/BBA 1st Year

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Welcome to another enlightening chapter in your BCom/BBA 1st-year journey! In this video, we'll explore "Managerial Planning" in the context of Business Organization and Management. This is Chapter 4, and it's packed with crucial knowledge that every business student needs.

Here's what's on the agenda:

1. *Introduction to Managerial Planning:* We'll begin by explaining the importance of managerial planning, setting the stage for a deeper dive into the subject.

2. *Understanding the Planning Process:* Learn about the systematic steps involved in the planning process, which are essential for achieving organizational goals.

3. *Types of Plans:* We'll explore the various types of plans that businesses use, including strategic, tactical, operational, and contingency plans.

4. *Setting SMART Objectives:* Discover the concept of SMART objectives and how they play a pivotal role in the planning process.

5. *SWOT Analysis:* Understand how a SWOT analysis can help you assess internal strengths and weaknesses, as well as external opportunities and threats.

6. *Forecasting Techniques:* Dive into different methods of forecasting, which are crucial for making informed planning decisions.

7. *Budgeting for Success:* Explore the world of budgeting and how it contributes to financial stability and control.

8. *Implementation and Control:* Learn how to put your plans into action and keep them on track through monitoring and control mechanisms.

9. *Real-World Applications:* We'll showcase real-life examples and case studies to illustrate how these planning concepts are used in the business world.

10. *Quiz and Recap:* Test your understanding with a quiz and recap the key takeaways from the chapter.

Whether you're preparing for exams, assignments, or simply want to grasp the essentials of managerial planning, this video has you covered.

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