Types of plans
Transcript of Types of plans
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Types of plans
MissionOr Purpose
Objectives
Strategies
Policies
Procedures & Rules
Programs& Projects
BudgetsQuotas & Targets
Standing plans
Single use plans
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Standing plan
It is the recurrring plan used and they are used simutaneously. It is used
again and again over a period of time.
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Single use plan
It is one time plan.After the lapse of time ,these plans are formulated
again
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Mission – the organization’s reason for existence
Mission statement is a broad statement defining the organization’s basic business scope and operations that distinguishes it from its competition.
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Mission Statement
A mission statement often answers basic questions :What business are we in?Who are we?
What are we doing?
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Objectives
Objectives are the goals,aimsor purposes that organisations wish over varying periods of time.
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Objectives & goals are frame 4 dimensions
Time frame SpecificityFocusMeasurement