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What is the core of making a plan?

These steps include developing objectives, developing tasks to meet objectives, determining needed resources, creating a timeline, determining tracking and assessment, finalizing the plan, and distributing the plan to the team.
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What is the core of making a plan *?

Answer: The core of making a plan in class 12 involves setting clear objectives, gathering relevant information, exploring different options, selecting the best strategy, creating a detailed action plan, allocating necessary resources, monitoring progress, and adjusting the plan as needed.
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What is the 3 key elements of planning?

Armed with these three clearly defined elements of planning, values, vision, and mission, you are prepared to begin moving forward with confidence to achieve your full potential. How do you plan? What are your thoughts on Values, Vision, and Mission with regard to planning and success?
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What is the main purpose of a plan?

ANSWER: Planning helps to build a roadmap to achieve the goals of the organisation and directs all activities towards that course of action.
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What are the 5 components of planning?

General components of planning
  • General components of planning.
  • Assessment.
  • Strategic Planning.
  • Implementation Planning & Action.
  • Monitoring.
  • Reflection.
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A Plan Is Not a Strategy

What are the 4 elements of a plan?

Here are the four elements that make up a Strategic Plan:
  • Vision – This is your image of your business. Who do you serve? ...
  • Goals – These specific accomplishments are milestones to accomplishing your Vision. ...
  • Tasks – How are you going to accomplish your Goals? ...
  • Timeframe – When will your Strategic Goals be reached?
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What are the 4 points of planning?

Importance of Planning:
  • Increases efficiency: Planning makes optimum utilization of all available resources. ...
  • Reduces business-related risks: There are many risks involved in any modern business. ...
  • Facilitates proper coordination: Often, the plans of all departments of an organization are well coordinated with each other.
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What are the principles of planning?

A planning principle is a statement of a desirable outcome from a chain of reasoning aimed at reaching, or a list of appropriate matters to be considered in making, a planning decision. While planning principles are stated in general terms, they may be applied to particular cases to promote consistency.
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What makes a plan?

A plan is typically any diagram or list of steps with details of timing and resources, used to achieve an objective to do something. It is commonly understood as a temporal set of intended actions through which one expects to achieve a goal.
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What are the main elements of planning?

Six Key Elements of a Successful Plan
  • Gather Information.
  • Set objectives of the plan.
  • Devise strategies to meet goals.
  • Implement your plan.
  • Monitor plan performance.
  • Evaluate the effectiveness/success of your plan.
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What is a good strategic plan?

A good strategic plan provides a clear roadmap, including a set of guiding principles that defines the actions people in the business should take (and not take) and the things they should prioritize (and not prioritize) to achieve the overall company goals.
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How to write a strategic plan?

There are typically five steps in the strategic plan process: identification of strategic position and goals, prioritization of planning steps, collaboration with internal stakeholders, implementation, and evaluation and updating of the plan. For the plan to be effective, you need to follow all these steps.
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What are the 7 elements of planning?

Here are the 7 basic elements of a strategic plan: vision, mission, SWOT analysis, core values, goals, objectives, and action plans.
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What are the two basic components of planning?

Planning is the process by which managers establish goals and specify how these goals are to be attained. Plans have two basic components: outcome or goal statements and action statements. Outcome or goal statements represent the end state—the targets and outcomes managers hope to attain.
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What is the first step in planning?

The first step in the planning process is to determine what you want to accomplish during the planning period.
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What is the structure of a plan?

Structure plans comprise one or more maps, plans or diagrammatic representations of the proposed layout, features, character and links for areas being developed or redeveloped.
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What is the concept of planning?

Planning includes the plan, the thought process, action, and implementation. Planning gives more power over the future. Planning is deciding in advance what to do, how to do it, when to do it, and who should do it. This bridges the gap from where the organization is to where it wants to be.
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What is the process of planning?

Planning is ascertaining prior to what to do and how to do. It is one of the primary managerial duties. Before doing something, the manager must form an opinion on how to work on a specific job. Hence, planning is firmly correlated with discovery and creativity.
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What are the stages of planning process?

The Planning Cycle has eight steps, as outlined below.
  • Analyze Your Situation. First, clarify what you need to do. ...
  • Identify the Aim of Your Plan. ...
  • Explore Your Options. ...
  • Select the Best Option. ...
  • Detailed Planning. ...
  • Evaluate the Plan and Its Impact. ...
  • Implement Change. ...
  • Close the Plan and Review.
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What is the 6 importance of planning?

Why is planning important? It helps us to identify our goals clearly. It makes us decide clearly and concretely what we need to do to have the effect on society that we want. It helps us make sure that we all understand our goal and what we need to do to reach it by involving everyone in the planning process.
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What are examples of strategic plan?

Strategic Plan Example
  • Provide excellent service to current customers for a competitive cost. Strategy: Provide yearly customer service training for all employees. ...
  • Increase shareholder value by 25% within the next 3 years. Strategy: Increase customer base by 10% each year. ...
  • Increase marketing to reach more customers.
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What are the six basic planning process?

Skipping these important steps can leave your organization without direction. Read ahead to learn more about the six vital elements of strategic planning: vision, mission, objectives, strategy, approach, and tactics.
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What are the six basic planning process in order?

The six steps are:
  • Step 1 - Identifying problems and opportunities.
  • Step 2 - Inventorying and forecasting conditions.
  • Step 3 - Formulating alternative plans.
  • Step 4 - Evaluating alternative plans.
  • Step 5 - Comparing alternative plans.
  • Step 6 - Selecting a plan.
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What is a tactical plan?

Tactical planning is a type of planning that involves breaking down a long-term strategic plan into smaller and more distinct short-term plans. Companies and teams frequently use this type of plan when they have long-term goals that extend further than two or three years.
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What does a good strategy look like?

At its most basic level, a strategy is a hypothesis. To be a good strategy, it must precisely diagnose the problem being solved; set a guiding policy that will address that problem; and propose a set of coherent actions which will deliver that policy.
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