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Fundamentals of Management, 11/e
book

Fundamentals of Management, 11/e

by Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
April 2015
Beginner content levelBeginner
480 pages
107h 32m
English
Pearson
Content preview from Fundamentals of Management, 11/e

What Types of Plans Do Managers Use and How Do They Develop Those Plans?

Managers need plans to help them clarify and specify how goals will be met. Let’s look first at the types of plans managers use.

Types of Plans

The most popular ways to describe plans are in terms of their breadth (strategic versus tactical), time frame (long term versus short), specificity (directional versus specific), and frequency of use (single-use versus standing). As Exhibit 5–7 shows, these types of plans aren’t independent. That is, strategic plans are usually long term, directional, and single-use. Let’s look at each type of plan.

Exhibit 5–7

Types of Plans

BREADTH OF USE TIME FRAME SPECIFICITY FREQUENCY OF USE
Strategic Long term Directional Single use ...
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Publisher Resources

ISBN: 9780135175156