--%>
Assignment Help - homework help

Elements of Planning

Elements of Planning

Planning process formulates an overall operating plan for the organization. This plan further split into department, sectional, or individual plans. There are called derivative plans. These derivative plans are subject to the overall plan both must work together for consistency or results. Any complete and through the planning must provide for the following elements:-

1.       Forecasting: it is the projection of present trend into the future.

2.       Objectives: these are the ends towards which activities are aimed. All future actions are directed towards objective.

3.       Policies: these are the general statements or understandings, which provide guideline in decision making. They may be written or real. Policies are restricted as well as permissive.

4.       Procedures: these indicate as to how a particular activity is to be performed. It determines the course of action and spots out the sequence of actions.

5.       Programmes: these are laid down within the framework of the plans. Different plans are integrated together for their proper implementation.

6.       Rules: rules are prescribed guides to action. They offer no direction to employers. They specify what should be done and what should not be done.

7.       Budgets: they are numerical statements prepared for a particular period. Budgets are generally prepared in terms of money but other units may also be used.

8.       Strategies: these are modified plans or policies to meet a particular situation, particularly a competitive situation in the market.

   Related Questions in Biology

  • Q : State Workflow Optimization Workflow

    Workflow Optimization: It is a significant way to decrease costs and gives better services for patrons. Along with inefficient workflows, things take longer and cost additional to get done.  There are various

    		•
  • Q : Disadvantages of analyzing web

    Disadvantages of analyzing web statistics: A) The use of web caches has made it difficult to determine the true number of visits by an individual to a particular URL’s as any consequent visit would be handled

    		•
  • Q : Role performed by pneumatic bones What

    What is role performed by the pneumatic bones?

    		•
  • Q : Climax stage of ecological succession

    Write down the climax stage of ecological succession?

    		•
  • Q : Autotrophic beings-organic

    Write down the processes which autotrophic beings employ to produce organic material from inorganic substances?

    		•
  • Q : What is Data Recovery Data Recovery :

    Data Recovery: Data recovery comprises restoring access to data which appears to be lost due to damage or failure of some kind of electronic data storage medium. There are different kinds of data recovery methods which might be employed in the event o

    		•
  • Q : Systems Approach Systems Approach

    Systems Approach Modern organization theory is a sophisticated and scientific way of explanting a complex organization. This theory is comparatively

    		•
  • Q : Define the term respiratory pigments

    Define the term respiratory pigments? Name the respiratory pigment existed in some arthropods? Name the analogous molecule in humans?

    		•
  • Q : Define Production Output Production

    Production Output: Production is an activity taken out under the control and accountability of an institutional unit which uses inputs of labor, goods and capital and services to generate goods and services. Production doesn’t cover purely natur

    		•
  • Q : Types of circulatory systems Specify

    Specify the two types of circulatory systems?

    		•