TYPES OF PLANS
Plans come in a variety of types and formats.
Functional orientation (business plan; marketing, production, personnel, and financial plan).
Variety of formats (descriptive plan, budget, graphic plan).
Differ in the time period (strategic / long - term plan, tactical / functional plan, operational / short – term plan).
Single – use programs.
Standing plans (policies, procedures, rules)
CONCLUSIONS
Planning : making tomorrow’s decisions today.
Planning and control are the Siamese twins of the management process.
Because of its hierarchical nature, developing a full set of plans typically takes several months
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