Planning lays down the overall objective, strategies and polices for the total enterprise is corporate planning. Corporate planning is the act of creating a long-term plan to improve your business. A corporate plan examines a business's internal capabilities and lays out strategies for how to use those capabilities to improve the company and meet goals.
The decision which has long term impact on business is _________.
The decision which has long term impact on business is non-programmed decision. The Non-programmed decisions in management are concerned with unique or unusual problems. They are encountered in a very non-frequent manner. These decisions are unstructured, non-recurring and ill-defined in nature.
The planning focus specific functional areas of business is
The planning focus specific functional areas of business is divisions planning. Managers plan by setting long-term goals for the business, as well short-term strategies needed to execute against those goals.
The decision which relates to day-to-day operation of an organization is known as __________.
The decision which relates to day-to-day operation of an organization is known as operative decision. Operating decisions are decisions made to manage day to day business. Any firm which is into any kind of business is faced with 100 decisions they have to take in a day.
Planning focus on day-to-day actions of work units is
Planning focus on day-to-day actions of work units is unit planning. Unit planning is an organizational approach that helps teachers reflect upon what students need to accomplish in each unit, and how and when they will accomplish it.