Types of Planning Premises Essay Example

non-controllable premises:

Controllable premises are those within the control of a business enterprise, such as, men, money, materials, policies, procedures, programmes etc. They can be controlled by a business enterprise to ensure better sales of its products. Semi-controllable premises are those which can be partially controlled by a business enterprise like, labour position in the market. Non-Controllable premises are those that lie beyond the control of a business enterprise. Wars, natural calamities and external environmental factors are non-controllable premises.

3. Tangible and Intangible premises:

Tangible premises can be estimated in quantitative terms like production units, cost per unit etc. Intangible premises cannot be quantified, for example, goodwill of the firm, employer-employee relationships, leadership qualities of the managers, motivational factors that get employees to work.