Podcast
Questions and Answers
What is the purpose of setting goals and benchmarks in a business firm?
What is the purpose of setting goals and benchmarks in a business firm?
To provide a benchmark for achieving objectives.
Define the term 'Purposes or Missions' in the context of business planning.
Define the term 'Purposes or Missions' in the context of business planning.
Purposes or missions define the reason for the establishment of an organization.
What is the significance of identifying defects in the existing plan of a business firm?
What is the significance of identifying defects in the existing plan of a business firm?
To forecast future developments and improve the existing plan.
What is the role of 'Programmes' in the hierarchy of plans within an organization?
What is the role of 'Programmes' in the hierarchy of plans within an organization?
Explain the importance of developing means to evaluate progress in the planning process.
Explain the importance of developing means to evaluate progress in the planning process.
What is the primary focus of the mission of a business organization?
What is the primary focus of the mission of a business organization?
What is the definition of strategy according to Chandlar?
What is the definition of strategy according to Chandlar?
How are policies helpful in organizations?
How are policies helpful in organizations?
Give an example of a policy mentioned in the text.
Give an example of a policy mentioned in the text.
What is the purpose of setting procedures in organizations?
What is the purpose of setting procedures in organizations?
How do strategies differ from policies?
How do strategies differ from policies?
Why is it important for employees to adhere to policies in an organization?
Why is it important for employees to adhere to policies in an organization?
What is the full production period?
What is the full production period?
Why is monitoring important in a project?
Why is monitoring important in a project?
What is the purpose of evaluation in the project cycle?
What is the purpose of evaluation in the project cycle?
What are the three phases of the evaluation process?
What are the three phases of the evaluation process?
When should evaluation be attempted in the project cycle?
When should evaluation be attempted in the project cycle?
Why is it important to continuously monitor a project?
Why is it important to continuously monitor a project?
What are the steps to be followed to set up agro based industries?
What are the steps to be followed to set up agro based industries?
What are some constraints in establishing agro based industries?
What are some constraints in establishing agro based industries?
Why is processing necessary even for local consumption of food grains?
Why is processing necessary even for local consumption of food grains?
Why is the identification of entrepreneurs crucial in setting up agro based industries?
Why is the identification of entrepreneurs crucial in setting up agro based industries?
What aspects should be considered for working out repayment capacity?
What aspects should be considered for working out repayment capacity?
How can the wastage of resources be minimized in the location of agro based units?
How can the wastage of resources be minimized in the location of agro based units?
What does the cash flow chart help in when determining repayment capacity?
What does the cash flow chart help in when determining repayment capacity?
Why is marketing assistance important for agro based industries?
Why is marketing assistance important for agro based industries?
What does the commercial aspect focus on?
What does the commercial aspect focus on?
Why are effective managerial issues crucial for successful project implementation?
Why are effective managerial issues crucial for successful project implementation?
What does the organisational aspect refer to?
What does the organisational aspect refer to?
What social aspects are considered in project evaluation?
What social aspects are considered in project evaluation?