Types of plans

Types of plans

MissionOr Purpose

Objectives

Strategies

Policies

Procedures & Rules

Programs& Projects

BudgetsQuotas & Targets

Standing plans

Single use plans

Standing plan

It is the recurrring plan used and they are used simutaneously. It is used

again and again over a period of time.

Single use plan

It is one time plan.After the lapse of time ,these plans are formulated

again

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.

Mission Statement

A mission statement often answers basic questions :What business are we in?Who are we?

What are we doing?

Objectives

Objectives are the goals,aimsor purposes that organisations wish over varying periods of time.

Objectives & goals are frame 4 dimensions

Time frame SpecificityFocusMeasurement