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Start learning 50% faster. Sign in nowThe planning function of management includes establishing objectives, developing premises, determining alternative courses of action, formulation of plans, securing co-operation and follow-up on plans. Wishful thinking is not a part of planning as it does not involve any concrete objectives or goals to achieve. Planning is important in all departments and levels of the organisation and not only limited to the production function.
Why is sampling crucial in data analysis, especially when handling large datasets?
In OOP, which concept allows a subclass to provide a specific implementation of a method already defined in its parent class?
In the context of the data analysis process, what is the main purpose of the "modeling" stage?
Which of the following semantic HTML tags is best suited for defining a block of navigation links?
Which forecasting method is most appropriate for time series data with a consistent trend but no seasonality?
A data analyst is working on a survey dataset that records customer feedback as "Very Satisfied," "Satisfied," "Neutral," "Dissatisfied," and "Very Diss...
Which of the following is a key difference between Big Data and Traditional Data?
Which measure of central tendency is most appropriate when data has extreme outliers?
When identifying business problems for data analysis, what is a critical first step?
What is the primary objective of exponential smoothing in time series forecasting?