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In this paper I will discuss planning along with the different levels of planning at the different levels of management and why managers should be prepared for all aspects of the ups and downs that a business may face.
Planning is the ongoing process of developing the business' mission and objectives and determining how they will be accomplished. Planning includes both the broadest view of the organization, e.g., its mission, and the narrowest, e.g., a tactic for accomplishing a specific goal. (Erven, 1994). Planning allows managers the ability to identify the goals of an organization and take the appropriate steps toward achieving those goals...
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