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Q: How long does functional planning takes?
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What are the two levels of planning done in a business?

Enterprise-Wide Planning & functional planning


What is functional planning?

Functional planning refers to medium term planing carrired out by middle management and at times with assisnatnce of top management as well. Functional planing is undertaken by various departments (functions) in the organisation to determine their respectiev objectives, derived from the long-term goals and objectives, as well as for putting in place strategies and action plans. Functional planing may also be of a long term nature where the business organisation is subjected to an uncertain and highly volatile business environment.


What are the functional areas of southwest airlines?

Functional areas are finance, planning, marketing, administration, information, and operations.


How long did it take to make the biggest chocolate in the world?

It takes about 6 months depending on long you are planning to do it.<3


What are the functional areas of enterprise resource planning?

There are several common functional areas of enterprise resource planning. Examples include data services, project management, human resources and accounting.


Explain the difference between short term and long term planning?

Short-term planning takes care of regular expenses in the near future while long-term planning involves saving for large purchases further in the future.


Which best explains the difference between short-term and long-term planning?

Short-term planning takes care of regular expenses in the near future while long-term planning involves saving for large purchases further in the future.


What is functional implementation in strategic management?

corporate strategy is the direction an org. takes with objectives of achieving business success in the long term


Which of the following best explains the difference between short-term and long-term planning?

Short-term planning takes care of regular expenses in the near future while long-term planning involves saving for large purchases further in the future.


Importance of functional budget?

You need your budget to be functional or else you might as well get rid of it. A functional budget can help you to stay on track and know where your money is.


What is macro planning in educational planning?

macro planning is the planning that takes place at the end of the year for the following year


Notes on management functions planning organizing leading and controlling?

Functional Aspects of ManagementfunctionsprocessesGoalLeadingPlanningOrganizingLeadingControllingMotivation