Ch 5: PLACE Business Education: Planning as a Management Function

About This Chapter

Watch these videos to get a better understanding of how planning works in business management. Get valuable practice in taking the PLACE Business Education exam by completing the lesson quizzes and chapter test.

PLACE Business Education: Planning as a Management Function - Chapter Summary

This chapter delves into the planning function of management and how a manager uses planning as a part of their managerial duties. The informative videos in these lessons will help you prepare for the PLACE Business Education exam by helping you review topics including:

  • An overview of planning in managerial functions
  • The four types of planning: tactical, operational, strategic, and contingent
  • Understanding SWOT analysis
  • Developing company mission statements

Each video includes a brief lecture, usually less than 10 minutes long, by an experienced business education teacher. Review the lesson transcript afterwards to see the key terms highlighted for easy reference. Take the quizzes and chapter test to get a feel for the kinds of questions you will be asked in the real test and to see where you may want additional review as you prepare.

PLACE Business Education: Planning as a Management Function Chapter Objectives

The PLACE Business Education exam is one of several topic-specific license endorsement tests available for primary and secondary educators as part of the Colorado licensure process. It has five subareas: Business Management and Communication; Economics and Personal Finance; Technology and Information Systems; Accounting, Finance, and Business Law; and Business Education Programs. The content covered in this lesson falls primarily in the Business Management and Communication sub-area. As with all PLACE Tests, you will be given four and a half hours to complete the test, which is paper-based (and you must bring your own #2 pencils). To make sure you are fully test ready, be sure to review this chapter and the other lessons in this PLACE Business Education course.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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Other Chapters

Other chapters within the PLACE Business Education: Practice & Study Guide course