Advertisements
Advertisements
Question
Define 'Planning'.
Solution 1
Planning is the basic function of management. Every function of management is based on planning. It includes deciding the things to be done in advance. Planning is an intellectual process of logical thinking and rational decision making. It focuses on organization's objectives and develops various courses of action. Designing proper planning and implementing accordingly is the key to achieving an organisation's objectives.
Solution 2
Planning implies to a state in advance, where to go and in which direction to move in order to achieve a target. Planning is a psychological process of thinking and deciding in advance about ‘what is to be done’ and ‘how it is to be done’. It is a mental activity in which the manager decides about the goals to be achieved and actions through which they are to be accomplished.
APPEARS IN
RELATED QUESTIONS
Write short note on Importance of coordination.
Management should avoid workers’ participation while making decisions.
Answer the following question.
‘Konark Ltd.’ Is an electronic good manufacturing enterprise situated in Shivpuri, Madhya Pradesh. It is earning a very low revenue in comparison to a competing electronic good manufacturing enterprise, ‘Nova Ltd.’ situated in Mumbai. Both Konark’s and Nova’s operations are affected directly by the investors, customers, competitors, and suppliers, which are unique to their respective locations. In addition to this, individual firms of this field are affected indirectly by the factors like the money supply in the economy, the composition of the families, the technological changes, etc.
1) Identify and state the feature of the concept discussed in the above paragraph.
2) Also, state any four points of importance of this concept.
Directing is initiated at _______________ level.
The first and basic function of management
Characteristics of planning.
Professional Management and Event Management.
Professional Managers are highly educated.
Select the proper option from the options given below and rewrite the complete sentence :
Staffing function is a ________ activity.
Select the proper option from the options given below and rewrite the complete sentence :
Staffing is concerned with ________.
Write a word or a phrase or a term which can substitute the following :
The function without which planning is meaningless.
Distinguish Between the following:
Planning & organising.
Distinguish Between the following:
Planning & staffing
Write Short Note on the following:
Nature of Planning.
Write Short Note on the following:
Nature of organising.
Write short answer of the following :
Why is Staffing considered an important function in all types of management?
Write short answer of the following :
Why is Directing an important function of Management?
Answer the following Question:
What do you mean by Staffing and give its importance?
Answer the following Question:
What is organizing? Explain the nature of organizing.
State with reasons whether the following statement is TRUE or FALSE :
Planning is an intellectual process.
State with reasons whether the following statement is TRUE or FALSE.
Controlling is the indispensable function of management.
State with reasons whether the following statement is TRUE or FALSE.
Planning function alone can help to achieve organizational objectives.
State with reasons whether the following statement TRUE or FALSE.
Staffing is one-time process as people have to be appointed once.
State with reasons whether the following statement TRUE or FALSE:
Staffing includes human resource management.
Answer the following question.
Vinber Ltd. set up a manufacturing unit at Bhiwadi in Himachal Pradesh to manufacture electric geysers and supply them to dealers all over the country. Their production target was 500 geysers per week. It was decided by the management that variation in production up to 10 units would be acceptable. At the end of the first week, the production was 450 geysers. The next week, production increased to 470 geysers. A week later, production was 460 geysers. On investigation, it was found that fluctuation in production was due to the irregular supply of electricity.
(a) The above para discusses some of the steps in the process of one of the functions of management. Explain these steps.
(b) Also, state the step(s) that have not been discussed in the above para.
“Grouping similar nature jobs into larger units called departments” is the step in the process of one of the functions of management. Identify the function of management.
Tarang Enterprises Limited is planning to increase its sales by 30% in the next quarter. Identify the feature of management being highlighted in the given statement.
Which of the following is a function of top level management?
______ is the primary function which runs through all other functions?
Arrange the phases of Project Management Life Cycle in correct order.
- Design
- Marketing
- Analysis and evaluation
- Inspection, testing and delivery
Which of the following statements is true about the organizing function of management?
'It is that function of management which is considered as the base of all other functions.' Identify the function of management stated in the above lines.
Name the function of management which helps in the formulation of future plans, in the light of the problems that were identified and thus, helps in better planning in the future period.
The diagram below shows that ______ is inherent in all the functions of management.
Outline any four fundamental characteristics of effective management in a modern business organisation.