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How does the planning process differ among organizations

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How does the planning process differ among the following types of organizations:

a) For-profit?

b) Not-for-profit?

c) Product-oriented?

d) Service-oriented?

e) Product- and service-oriented?

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Solution Summary

This solution discusses how the planning process differs among different types of organizations.

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Planning process for profit oriented organizations are framed with the objective of maximizing revenues and profitability and minimizing costs. In today's competitive environment with focus on TQM and total customer satisfaction, planning is concentrating on satisfying customers and stakeholders as well.

Non-profit ...

Solution provided by:
Sandeep Bardia, MBA
Education
  • BCom, SGTB Khalsa College, University of Delhi
  • MBA, Rochester Institute of Technology
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