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What are the classifications of plans?

What are the classifications of plans?

Classification of Plans in An Organisation : 4 Classes

  • Strategic Plans:
  • Tactical Plans:
  • Operational Plans:
  • Single-Use Plans:
  • Standing Plans:
  • Long-term Plans:
  • Medium-term Plans:
  • Short-term Plans:

What are basic elements of planning?

Planning as a managerial process consists of the following elements or components:

  • Objectives: The important task of planning is to determine the objectives of the enterprise.
  • Forecasting: ADVERTISEMENTS:
  • Policies:
  • Procedures:
  • Rules:
  • Programmes:
  • Budgets:
  • Projects:

What is the third step of planning?

Determining Alternative Courses Determining alternative courses is the third step in the planning process. The planner should study all the alternatives, consider the strong and weak points of them and finally select the most promising ones.

What are the 3 classification of plans by range?

Short range: One year or less. ADVERTISEMENTS: Intermediate range: Between one and five years. Long range: Between five to ten years or more.

What are the two basic component of planning?

Planning is the process by which managers establish goals and specify how these goals are to be attained. Plans have two basic components: outcome or goal statements and action statements. Outcome or goal statements represent the end state—the targets and outcomes managers hope to attain.

What are the stages of planning?

The Planning Cycle has eight steps, as outlined below.

  • Analyze Your Situation. First, clarify what you need to do.
  • Identify the Aim of Your Plan.
  • Explore Your Options.
  • Select the Best Option.
  • Detailed Planning.
  • Evaluate the Plan and Its Impact.
  • Implement Change.
  • Close the Plan and Review.

What are the components of planning?

Planning is a complex and comprehensive process involving a series of overlapping and interrelated elements or stages, including strategic, tactical, and operational planning. I. On the basis of content, Plans can be classified as: A. Strategic planning establishes master plans that shape the destiny of the firm.

What are the four types of planning used by managers?

This lesson will explain the four types of planning used by managers, including strategic, tactical, operational and contingency planning.

What are the different types of capacity planning?

Types of Capacity Planning & How It Keeps Your Products Stocked and Customers Happy. 1 1. Product capacity planning. Product capacity planning ensures you have enough products or ingredients for your deliverables. For a florist, this 2 2. Workforce capacity planning. 3 3. Tool capacity planning. 4 2. Analyze. 5 3. Formulate.

What is the meaning of planning?

CLASSIFICATION OF PLANNING / TYPES OF PLANNING Planning is a complex and comprehensive process involving a series of overlapping and interrelated elements or stages, including strategic, tactical, and operational planning.