Beruflich Dokumente
Kultur Dokumente
(IMP)
Well accepted and essential
functions of management are
1. Planning
2. Organizing
3. Staffing
4. Directing(Leading/Actuatin
g)
5. Controlling.
Positive DC and
Management Entrepreneurship [POSDC]
Supply 1
KLE College of Engineering & Tech.-Chikodi
Dept. of Electronics and communication.
Management and Entrepreneurship.
Unit 2.
Planning
Rationale
Rationalefor
fordecisions
decisions Standard
Standardof
ofperformance
performanc
Guides
Guidesto
toaction
action
EXHIBIT 3.1
313
Objectives
Objectives are the goals or the targets
which one wishes to achieve.
G.Dessler, 2003
April 6, 2006 LIS580- Spring 2006
18
Types of Plans
EXHIBIT 3 .2
Copyright 2004 Prentice Hall, Inc. All rights reserved. 319
Strategic Planning
Strategic plans
Apply broadly to the entire organization
Establish the organizations overall objectives
Seek to position the organization in terms of its
environment
Provide direction to drive an organizations efforts to
achieve its goals.
Serve as the basis for the tactical plans.
Cover extended periods of time
Are less specific in their details
EXHIBIT 3 .3
Copyright 2004 Prentice Hall, Inc. All rights reserved. 323
Single use and Standing plans.
Single use :
Developed to achieve specific end. .
Once reaching target plan becomes useless.
Major decisions:
Top management activity
Ex: Purchasing new machinery
Employing new technology
Recruitment
Complex decisions:
Related to many number of variables.
Permanent decisions:
Based on permanent decision/heavy expenditure
purchasing/incentives depends on manager.
Problem analysis