PLANNING PREMISES

PRESENTED BY:----- KUNAL GOSWAMI IIMT - PUNE

UNDER THE GUIDANCE OF:--------

Prof; Hemant kawate

DEFINIATION:-----

Planning premises means systemic & logical estimate for the future effecting planning.

According to Dr.C.R Terry “Planning premise are the assumption providing a sack ground against which the estimated events affecting the planning will take place”.

TYPES OF PLANNING PREMISE

• Premises at the view point of place.–External premises–Internal premises

• Premises at the view point of calculation.

–Controllable premises–Uncontrollable premises

• Premises at the view point of control.–Tangible premises– Intangible premises

Number of factor affecting planning considering the place of the factors. Some factors are internal and some are external

Economic Political-legal

competitiveSocio-cultural

technological

THE EXTERNAL factor are: ---

Social cultural factor:---Acceptance of new productsChange in lifestyle of people

Economical factor:---- Fiscal factor Infrastructure Raw material

Political factor:---Law relating to businessPolitical interference in business

Competitive factor:--Strength & weakness of competitorPrice change by competitorProduct feature of competitor

The internal factor are:-----Organization structureManagement System

• Research and Development• Production• Operations• Procurement• Marketing • Products• Human Resources• Financial Resources• Organization Image • Organization Climate and Change • Relations with the customer

Controllable premises are:-----Controllable premises are those that can be controlled by an organization’s actions. This are mostly internal like: organizational policies, structure, system, process.

Uncontrollable premises are:-----Its those which dose not controlled by organization. And those are mostly external factor like:----Economic growth, population growth, taxation policy of government.

TANGIBLE PREMISES;-------

Tangible premises are those which can be expressed in Quantitative terms like monetary unit, unit of product, labour hour, machine hour.

e.g:-- sales forecasting.

The intangible premises are Qualitative in nature and can not translate into quantity.

e.g:--- image of the company.

INTANGIBLE PREMISES:------

• STRENGTH (Internal Factor)• WEAKNESS (Internal Factor)• OPPORTUNITIES (External Factor)• THREATS (External Factor)

SWOT ANALYSIS

Planning cycle

THANKIS FOR YOUR VALUABLE TIME