Planning and Strategy Planning is the management function that involves identifying and selecting the appropriate goals and courses of action for a team, division, or organization. The planning process results in an organizational plan that details the goals of the organization and the specific strategies managers will use to attain those goals. Planning is usually a three$-$step activity involving $(1)$ determining the organizations mission and goals, $(2)$ formulating a strategy, and $(3)$ implementing the strategy. In this exercise, you will identify the activities involved in each of the three steps of the planning process.