What are the types of planning in economics?
Types of Economic PlanningPlanning by Inducements.Merits of Planning by Inducements:Demerits of Planning by Inducements:Planning by Directions.Demerits of Planning by Directions:Physical and Financial Planning.Centralised Planning and Decentralised Planning.Structural and Functional Planning.More items….
What are the types of planning?
The 4 Types of PlansOperational Planning. “Operational plans are about how things need to happen,” motivational leadership speaker Mack Story said at LinkedIn. … Strategic Planning. “Strategic plans are all about why things need to happen,” Story said. … Tactical Planning. … Contingency Planning.
What are three types of planning?
Three major types of plans can help managers achieve their organization’s goals: strategic, tactical, and operational.
What are the 5 steps in planning?
Strategic Planning Process Steps Prioritize your objectives. Develop a strategic plan. Execute and manage your plan. Review and revise the plan.