it is forecasting and deciding in advance a course of action to be followed or activities to be pursued in future.
Whose function is this? every manager's.
What are Planning Premises? predictions and assumptions about the future.
Define: Forecasting: it is an analysis and interpretation of the future conditions in relation to operations of the enterprise.
What does decision making signify?
actual selection of a course of action from among a number of alternatives.
Where does decision making by groups take place?
in board meetings, committees, staff -meetings, conferences etc.
what should the appointing authority lay down?
Explicit terms regarding the scope and exact functions expected of the decision making groups.