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PLANNING  FUNCTION
Meaning :- ,[object Object]
Definition : ,[object Object],[object Object],[object Object],[object Object]
Characteristics ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Steps in Planning ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
PLANNING PREMISES
Planning Premises ,[object Object]
Classification of Planning Premises ,[object Object],[object Object],[object Object],[object Object],[object Object]
E.g.- Cement Industry ,[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object]
PLANNING POLICY & STRATEGY
Types of Plans ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Strategy ,[object Object],[object Object],[object Object]
Characteristics of Strategy ,[object Object],[object Object],[object Object],[object Object],[object Object]
Formulation of Strategy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Factors Governing Strategy  : ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Policies ,[object Object],[object Object],[object Object],[object Object]
Characteristics of Policies ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Types of policies ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Merits of Policies:- ,[object Object],[object Object],[object Object],[object Object],[object Object]
Demerits:- ,[object Object],[object Object],[object Object]
Features of Sound Policy : ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Strategy Vs. policy Guide for ideas and decision making Directs the use of human & physical resources 4. Guide Not necessary to be based on competitors move. Formulated in view of the activities of the competitors 3. Role of Competitors Standing plan, used time and again Adhoc plan and is formulated new every time 2. Type of Plan To tackle repeatedly appearing problems of the same nature Formulated for unforseen problems 1. Need Policy Strategy Basis of Differentiation

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  • 23. Strategy Vs. policy Guide for ideas and decision making Directs the use of human & physical resources 4. Guide Not necessary to be based on competitors move. Formulated in view of the activities of the competitors 3. Role of Competitors Standing plan, used time and again Adhoc plan and is formulated new every time 2. Type of Plan To tackle repeatedly appearing problems of the same nature Formulated for unforseen problems 1. Need Policy Strategy Basis of Differentiation