Nature of Planning & Types of Plans:

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.