1. The bases for describing organization plans is the objective of it's company.

People and
organizations often get bogged down in semantics over what a goal is supposed to look like,
what an objective is, and how to distinguish the two. Goals say what you want to accomplish.
Objectives say how you intend to go about accomplishing your goals. Work plans say who will
do what, by when, using what resources, to meet objectives and accomplish goals. What really
matters is simply that the planning group agrees on what criteria goals and objectives should
meet for your organization.
2. Strategic plans, operational plans, long term plans, short term plan, directional plan, the hardest
is the long term plan, because it include the overall goals of the company set for four or five
years.
3. Tactical plans are concerned with shorter time frames and narrower scopes than are strategic
plans. These plans usually span one year or less because they are considered short‐term goals.
Long‐term goals, on the other hand, can take several years or more to accomplish
4. Steps in planning: establish your objectives, determine your investment style, equities, fixed-
income investments, choose an appropriate investment plan, execute and periodically examine
the plan, it is depend to you but executing all steps will give you much efficiency and organize