Planning is the first important function of all organizations. It is planning that gives direction to all the … activities to be undertaken by an organization. Planning includes setting the objectives of the organization, identifying the … achieve those goals and target. Every company or organization established with an objective needs proper planning to achieve …

The article raises the issue of using the historical experience of planning initiated by the establishment of the State … Planning Committee in Soviet Russia in 1921. Of course, literal borrowing of the Soviet directive planning model is out of the … question. However, it has also been proved in actual practice that planning methods can be successfully applied in countries …