Nature of Planning & Types of Plans:
Nature of Planning:
· Contribution to Purpose & Objectives,
· Primacy among the Manager’s Tasks,
· Pervasiveness,
· Efficiency of Resulting Plans.
Types of Plans:
1) Purpose or Missions,
2) Objectives or Goals,
3) Strategies,
4) Policies,
5) Procedures,
6) Rules,
7) Programs,
8) Budgets.