Podcast
Questions and Answers
What is the main purpose of planning in an organization?
What is the main purpose of planning in an organization?
- To define specific goals within a specific time period
- To develop a comprehensive hierarchy of plans
- To establish a basis for organizing, leading, and controlling (correct)
- To integrate and coordinate activities informally
In what way does formal planning differ from informal planning?
In what way does formal planning differ from informal planning?
- Formal planning is general and lacks specificity
- Formal planning is not written down
- Informal planning lacks continuity (correct)
- Informal planning involves verbalizing specific goals
What distinguishes the development of specific plans in an organization?
What distinguishes the development of specific plans in an organization?
- Clarifying actions needed to achieve organizational goals (correct)
- Ensuring that plans remain verbalized
- Integrating activities informally
- Creating a general strategy for achieving objectives
Which type of businesses often use informal planning?
Which type of businesses often use informal planning?
Why is it important for managers to make formal plans available to organization members?
Why is it important for managers to make formal plans available to organization members?
What is the primary purpose of planning in an organization?
What is the primary purpose of planning in an organization?
What distinguishes the informal planning used by smaller businesses from formal planning?
What distinguishes the informal planning used by smaller businesses from formal planning?
Which type of planning is characterized by little verbalization or documentation and a lack of continuity?
Which type of planning is characterized by little verbalization or documentation and a lack of continuity?
Why do smaller businesses often prefer informal planning over formal planning?
Why do smaller businesses often prefer informal planning over formal planning?
What role does formal planning play in helping organizations achieve their goals?
What role does formal planning play in helping organizations achieve their goals?