In DECA competitions, what does the "planning" management function entail?

The "planning" management function involves the critical process of setting objectives and identifying the necessary actions to achieve those objectives. This function is foundational in guiding an organization or team toward its goals. It requires strategic thinking and foresight, as it demands an assessment of the current situation, consideration of future possibilities, and the development of a roadmap that outlines how to reach desired outcomes.

In the context of DECA competitions, where participants often present business plans or strategies, effective planning can significantly influence the success of their presentations and projects. It ensures that all participants are aligned on goals and that there is clarity regarding the steps required to achieve those goals. This function sets the stage for other management activities, such as organizing resources, leading teams, and controlling outcomes based on progress towards the established objectives.