8 Important Types of Plans | Management

This article throws light upon the eight important types of plans. The types are: 1. Objectives 2. Policies 3. Rules 4. Procedure 5. Programme 6. Schedules 7. Budget 8. Forecasting. Plans: Type # 1. Objectives: Objectives are plans for the future that will serve to provide direction for subsequent activity. We have a hierarchy of objectives. Primary or basic objectives [...]