Planning
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.
