In large organizations, planning usually takes place at three levels of management. discuss the three levels and steps in the planning and strategy-making process. be sure to consider how they are linked with each other. provide an example that supports your conclusions from current events ...

The three levels of planning is the corporate, business and functional planning

.3 Levels:

1. Corporate level strategy illustrates decisions that affect an entire company. It specifies whichindustry an organization should compete and why?

2. Business level strategy specifies the methods or tactics a business or organization will use togain a competitive advantage over their competition.

3. Function level strategy is the action plan of how each division within a company willpositively add to increase the productivity of goods and services.

3 steps in planning process:

1. Determining the Organization’s Mission and Goals - Throughan analysis of information gathered during environmentalanalysis, managers can determine the direction in which anorganization should move. 2. Formulating Strategy (TacticalPlan) - Analyze the current situation and develop strategies. Strategy formulation requires a series of steps performed insequential order. The steps must be taken in order because they build upon one another. 3. Implementing Strategy