16 Questions
What is the concept of planning in the context of formal organizations and their management?
Deciding in advance what is to be done in the future for a specific period and then taking the necessary steps to do the things decided upon.
How is planning defined in the context of the text?
The process of setting future objectives and deciding on the ways and means of achieving them.
What is the importance of planning in providing direction to the activities of the organization?
It provides a clear sense of direction to the activities of the organization and to the job behaviour of managers and others.
How does planning provide an opportunity to analyse alternative courses of action?
It permits managers to examine and analyse alternative courses of action with a better understanding of their likely consequences.
What do laymen understand planning as?
Some systematic way of deciding about and doing things in a purposeful manner.
What does the concept of planning bring to mind?
Neat, orderly and disciplined approach to work, goal-oriented behavior, thinking about and arranging things in advance, careful allocation of scarce resources.
What does planning imply in terms of courses of action?
Determination of courses of action from among alternatives to achieve the goals of the organization, both in the immediate future and in the long run.
What does the planning function strengthen the confidence of managers in understanding?
Where the organisation is heading and what for, how best to make the organisation move along the chosen path, and when should they take what measures to achieve the goals of the organisation.
What is the specific connotation of planning in the context of formal organizations and their management?
Deciding in advance what is to be done in the future for a specific period and then taking the necessary steps to do the things decided upon.
What is the process of setting future objectives and deciding on the ways and means of achieving them called?
Planning
What is the major function in management activity?
Planning
What does planning involve?
Selecting objectives and strategies, policies, programs, and procedures for achieving them.
Why is planning considered critical?
It contributes to the organization’s direction and purpose, and every plan must contribute towards accomplishing objectives for the enterprise.
What is the role of planning in managerial functions?
If planning is effective, the managerial functions are carried out efficiently.
What has there been a surge of interest in all over the world, especially corporate, long-range, and strategic planning?
Planning
What will you learn in this unit regarding planning?
The fundamentals of planning - its meaning, nature, characteristics, importance, and limitations. The elements and steps in the planning process, and the role of forecasting in planning. The concepts of strategic planning, tactical planning, long-range planning, short-range planning, and the essential principles of planning.
This quiz covers the major function of planning in management activities, including the selection of objectives, strategies, and decision making. It also explores the importance of planning in contributing to an organization's direction and purpose.
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