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- W3034385853 abstract "Business planning involves several concepts – models that are perhaps the most frequently used ones in practice. In this regard, the first question to be answered is: What is a business planning model?Basically, a business planning model is a descriptive or a graphically outlined manner of representing a business planning process concept or structure. The model itself has to be flexible, adaptable, and available within any organization. It encompasses the management and organization style, that is, formal planning organization or extent of development. The most widely present planning models in literature are: the Steiner's, the Antthony's, the SRI, the Ringbakk's, the Hussey, and the Rolls-Royce planning models.The planning process is a series of interlinked envisaged that are performed and followed according to a specific logical order, and it includes the following stages: goal specifying, current strategy analysis and identifying, planning add-on establishing regarding forthcoming conditions, policy formulation, alternative course of action formulation, alternative action development, plan execution, and plan control. The planner discovers in practice that planning process stages are not only stages, but also areas to be taken into account during plan development. The planning process is a sequence of stages, each including several steps.The planning process provides for an integrated decision system construction. In this sense, a systematic approach to planning tends to promote integration of all segments within an organization." @default.
- W3034385853 created "2020-06-19" @default.
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- W3034385853 date "2017-09-22" @default.
- W3034385853 modified "2023-09-26" @default.
- W3034385853 title "BUSINESS PLANNING MODELS" @default.
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