Levels of Planning in Management

Levels of Planning
Many times we think of planning as one function of management with no variety. Any time you are looking to the future you are just planning. Throughout this week's readings, the class has learned that there are actually four levels of planning. These levels include: strategic, tactical, operational, and contingency planning. Each level has a different purpose and impact on the planning process. In the following paragraphs, we are going to describe three of the four levels of planning and how three different companies (MCI World Com, Empire, and GE) use them to their…