Professional Documents
Culture Documents
Lecture 4 - Decision Making, Planning, Organizing, and Controlling
Lecture 4 - Decision Making, Planning, Organizing, and Controlling
Management
Lecture 4 - Decision making, planning, organizing,
and controlling
• Management is the driving force and shows how best to use scarce
resources
2. Collection and
Analysis of
8. Determining
Relevant
Secondary Plans
Information
PLANNING
PROCESS
3. Establishment
of Objectives 7. Selecting a
Course
4. Determination
5. Examining
of Planning 6. Weighing
alternative course
Premises or Alternative
of action
Limitations Courses of Action
Planning horizons
Long Range planning
Long-Range planning covers a long period in future, e.g.,
five or ten years, and, sometimes even longer