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Questions and Answers
What are derivative plans?
What are derivative plans?
- Plans that are completely independent
- Plans that contradict the main plan
- Plans formulated to support the main plan (correct)
- Plans that have no relation to the main plan
What is the purpose of measuring and controlling the process?
What is the purpose of measuring and controlling the process?
- To ignore any deviations from the plan
- To ensure that plans are never changed
- To create new plans without considering the existing ones
- To check the progress of plans and take remedial action if needed (correct)
What does the process of organizing involve?
What does the process of organizing involve?
- Identification and grouping of activities
- Dividing activities among individuals
- Creating authority and responsibility relationships
- All of the above (correct)
What is an organization structure?
What is an organization structure?
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What should be the nature of a good organization structure?
What should be the nature of a good organization structure?
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What is the primary purpose of strategic planning?
What is the primary purpose of strategic planning?
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What is the role of policies in an organization?
What is the role of policies in an organization?
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What is the purpose of procedures in an organization?
What is the purpose of procedures in an organization?
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What is the role of programs in an organization?
What is the role of programs in an organization?
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What is the importance of evaluating programs?
What is the importance of evaluating programs?
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Study Notes
Planning Process
- Planning involves setting objectives, identifying alternatives, evaluating and selecting the best course of action, and developing derivative/supportive plans.
- The planning process consists of deciding the planning period, identifying alternatives, evaluating and selecting alternatives, and developing derivative/supportive plans.
- Deciding the planning period involves determining the timeframe for the plan, which can range from a year to decades.
Evaluation and Selection of Alternatives
- Evaluation of alternatives involves determining which course of action is most suitable for achieving goals and objectives.
- This is done using quantitative techniques, operations research, and software packages.
Developing Derivative/Supportive Plans
- After selecting the best plan, various derivative/supportive plans are developed to support the main plan.
- These plans may include buying equipment, buying raw materials, etc.
Organizing
- Organizing involves identifying and grouping activities, dividing them among individuals, and creating authority and responsibility relationships.
- Organizing consists of departmentalization, linking of departments, defining authority and responsibility, and prescribing authority relationships.
Organization Structure
- An organization structure shows the authority and responsibility relationships between positions in the organization.
- It is a set of planned relationships between groups of related functions and between physical factors and personnel required for achieving organizational goals.
- A good organization structure should be dynamic and subject to change in response to changes in the business environment.
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