Economy, asked by khantashu, 1 year ago

(a) What is the Planning ? Explain the different types of Planning.​

Answers

Answered by assthha161
3

Here's your answer

Planning

Planning is the process of thinking about the activities required to achieve a desired goal. It is the first and foremost activity to achieve desired results. It involves the creation and maintenance of a plan, such as psychological aspects that require conceptual skills.

Strategic plan

Strategic plans are designed with the entire organization in mind and begin with an organization's mission. Top-level managers, such as CEOs or presidents, will design and execute strategic plans to paint a picture of the desired future and long-term goals of the organization.

Tactical plans

Tactical plans support strategic plans by translating them into specific plans relevant to a distinct area of the organization. Tactical plans are concerned with the responsibility and functionality of lower-level departments to fulfill their parts of the strategic plan.

Operational plans

Operational plans sit at the bottom of the totem pole; they are the plans that are made by frontline, or low-level, managers. All operational plans are focused on the specific procedures and processes that occur within the lowest levels of the organization.

Hope this helps

Answered by Anonymous
0

Planning:

  • It meaning preparing for action or getting ready to perform a task.
  • It is the first requirement for good administration and activities of games and sports.
  • It is important because we have to think about the time available, equipment and facilities available and the man power required to fulfill the plan into effect.
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