NAME: - Parth Jain

SAP ID: - 500093798

ANS 1). “Planning is the grid of activity to determine future”

means that planning is the process of thinking before doing
something. It is the process of analyzing and determination of
the work for the best results. Few importance of planning are as
follows: -
. Provide guidance to action
. Reduces chances of uncertainty
. Promotes innovative ideas
. Reduces distraction to occur

ANS 2). Management is the process of guiding the

development, maintenance and allocation of resources to attain
organizational goals. Managers are the people in the
organization responsible for developing and carrying out this
management process. The four primary functions, managers are
planning, organizing, leading, and controlling. By process,
projects and organizing as a whole.
. Planning: - planning is the process of thinking about and
organizing the activities required to achieve a desired goal.
. Organizing: - it involves assigning tasks, grouping tasks into
departments, delegating authority and allocating resources
across the organization.
. Leading: - it is the use of influence to motivate employees to
achieve organizational goals. Managers must be able to make
employees want to participate in achieving an organizing’s
goals.
. Controlling: - it is the measurement and correction of
performance in order to make sure that enterprise objectives and
the plans devised to attain the are accomplished.

ANS 5). BUSINESS PLAN OF S.S. FOOTWEAR CO. BY

PARTH JAIN
. Available capital: - 20 lakh rupees
. Location: - New Delhi, Tank Road
. Type of business: - wholesale supplier of all kinds of footwear
. Rental cost: - 80,000 per month
. No.of staff: - 2 people (both salesman)
. Salaries: - 20,000 per person
. Supply of goods: - will supply goods from Ludhiana, Punjab
known for its footwear manufacturing.
. Business description: - will buy goods in wholesale from
manufacturer, store them into my shop in Tank Road and then
further sell them to the retailers.
. Cost of goods bought: - goods worth of 5 lakh rupees (250
rupees per piece approx. X 2000 pieces)
. Other expenses: - 1.5 lakh rupees max. (furniture, stationary,
electricity and water charges, computer, Transportaion and etc.)
. Total capital invested: - 5,00,000+1,50,000+80,000+40,000
=7,70,000 rupees
. Total capital left: - 20,00,000-7,70,000 = 12,30,000 rupees
STILL LEFT.