Difference between revisions of "Planning"
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According to [[Managerial Accounting by Braun, Tietz (5th edition)]], | According to [[Managerial Accounting by Braun, Tietz (5th edition)]], | ||
:[[Planning]]. One of management's primary responsibilities: setting goals and objectives for the company and deciding how to achieve them. | :[[Planning]]. One of management's primary responsibilities: setting goals and objectives for the company and deciding how to achieve them. | ||
| + | According to the [[Strategic Management by David and David (15th edition)]], | ||
| + | :[[Planning]]. A basic function of management; the process of deciding ahead of time strategies to be pursued and actions to be taken in the future. | ||
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*[[Concept Management Quarter]]. | *[[Concept Management Quarter]]. | ||
| − | [[Category:Management]][[Category: Septem Artes Administrativi]][[Category: Articles]][[Category: Accounting]] | + | [[Category:Management]][[Category: Septem Artes Administrativi]][[Category: Articles]][[Category: Accounting]][[Category: Strategic Management]] |
Revision as of 21:29, 16 July 2020
Planning is a process that includes defining goals, establishing strategy, and developing plans to coordinate activities.
Definitions
According to Organizational Behavior by Robbins and Judge (17th edition),
- Planning. A process that includes defining goals, establishing strategy, and developing plans to coordinate activities.
According to Management by Robbins and Coulter (14th edition),
- Planning. Management function that involves setting goals, establishing strategies for achieving those goals, and developing plans to integrate and coordinate activities.
According to Cost Accounting by Horngren, Datar, Rajan (14th edition),
- Planning. Selecting organization goals, predicting results under various alternative ways of achieving those goals, deciding how to attain the desired goals, and communicating the goals and how to attain them to the entire organization.
According to Managerial Accounting by Braun, Tietz (5th edition),
- Planning. One of management's primary responsibilities: setting goals and objectives for the company and deciding how to achieve them.
According to the Strategic Management by David and David (15th edition),
- Planning. A basic function of management; the process of deciding ahead of time strategies to be pursued and actions to be taken in the future.
