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1. It provides efficiency in operations - it facilities optimum utilization of available resources.
2. Facilitate control - it provides basis of control and serves as evaluation form performance.
3. Provide basis of operation - it helps in delegation of authority to lower levels of management.
4. Provides sense of direction - saves an organization from drifting and it avoids aimless activities.
5. Reduces uncertainty and risk - uncertainty and change are inevitable and planning cannot eliminate them however planning enables an organization to cope up with uncertainty and changes.
Jonmhumble answered the question on October 22, 2017 at 18:09
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