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Planning & Types of Plans: Presented By: Abdul Wasi
Planning & Types of Plans: Presented By: Abdul Wasi
Plan
Is a pre-determined course of action. It brings orderliness. Avoids confusion. Gives better use of resources. Cuts waste. Plans are changed or modified but not abandoned.
Types of Plans
Single use or one time plans
Tactical Plans
Standing Plans
Subject Plans
Strategic Plans
LongTerm Plans
ShortTerm Plans
MediumTerm Plans
Standing Plans
Ongoing activities plans that provide guidance and for are
repeatedly
performed
Non-Programmed Decision
Unique decisions that require a custom-made
solution.
Programmed Decision
A repetitive decision that can be handled by a routine approach.
LongTerm Plans
Plans that are formulated to extend up to beyond five years.
Middle-Term Plans
Plans made to study the impact of
advertisement
campaign
on
expansion
of
Strategic plans
These plans are organizationwide, establish
Operational Plans
Plans that specify details on how overall objectives are to be achieved.
Tactical Plans
These plans are intended to achieve the
tactical goals of an Organization. These are
Planning is base for every business organization. without planning its difficult to succeed.