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Modern Management: concepts and skills, 14/e
book

Modern Management: concepts and skills, 14/e

by Samuel C. Certo, S. Trevis Certo
December 2014
Beginner content levelBeginner
480 pages
118h 48m
English
Pearson
Content preview from Modern Management: concepts and skills, 14/e

Types of Plans

With the repetitiveness dimension as a guide, organizational plans are usually divided into two types: standing and single-use. A standing plan is used over and over again because it focuses on organizational situations that occur repeatedly. A single-use plan is used only once—or, at most, a few times—because it focuses on unique or rare situations within the organization. As Figure 5.2 illustrates, standing plans can be subdivided into policies, procedures, and rules, and single-use plans can be subdivided into programs and budgets.

Standing Plans: Policies, Procedures, and Rules

A policy is a standing plan that furnishes broad guidelines for taking action that is consistent with reaching organizational objectives. For example, ...

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Publisher Resources

ISBN: 9780134729138