Final answer:
Planning has been referred to as working out in a broad outline the things that need to be done and the methods for doing them to accomplish the purpose set for the enterprise.
Step-by-step explanation:
Planning has been referred to as working out in a broad outline the things that need to be done and the methods for doing them to accomplish the purpose set for the enterprise. Planning involves setting goals, determining the steps needed to achieve those goals, and establishing a timeframe for completion. It helps in organizing resources and efforts efficiently. For example, if a company wants to expand its operations, planning would involve determining the target market, identifying the necessary resources, and outlining the strategies to reach the expansion goal.