Podcast
Questions and Answers
Why is planning considered critical in management?
Why is planning considered critical in management?
- It simplifies decision making
- It contributes to controlling subordinates
- It sets the organization's direction and purpose (correct)
- It involves selecting among alternatives
What is the primary function in management activity?
What is the primary function in management activity?
- Controlling
- Planning (correct)
- Decision making
- Forecasting
Which recent surge of interest in planning has been mentioned in the text?
Which recent surge of interest in planning has been mentioned in the text?
- Strategic planning (correct)
- Short-range planning
- Operational planning
- Tactical planning
What will you learn about in this unit according to the text?
What will you learn about in this unit according to the text?
Which function must a manager perform in order to carry out managerial functions efficiently?
Which function must a manager perform in order to carry out managerial functions efficiently?
What is the role of forecasting in planning according to the text?
What is the role of forecasting in planning according to the text?
What is the specific connotation of planning in the context of formal organizations and their management?
What is the specific connotation of planning in the context of formal organizations and their management?
What does planning imply in the context of organizations?
What does planning imply in the context of organizations?
What is the importance of planning function in providing direction to activities of an organization?
What is the importance of planning function in providing direction to activities of an organization?
What does planning allow managers to examine and analyze?
What does planning allow managers to examine and analyze?
When should managers be able to exercise judgement to choose the most feasible and favorable course of action?
When should managers be able to exercise judgement to choose the most feasible and favorable course of action?
How do parents often decide about the education of their children?
How do parents often decide about the education of their children?
What does planning in formal organizations entail when looking ahead into the future?
What does planning in formal organizations entail when looking ahead into the future?
What is another source of importance of planning?
What is another source of importance of planning?
