12 Questions
What is one of the key benefits of planning according to the text?
Highlighting purposes for various activities
How does planning help in reducing uncertainties according to the text?
By making provisions to meet unexpected events
What does planning compel a manager to do according to the text?
Prepare a Blue-print of courses of action
How does planning contribute to organizational order according to the text?
By bringing rationality into the organization
What is one of the outcomes of planning according to the text?
Improved coordination in different departments
Why is planning considered essential for an organization according to the text?
To provide a guide for the organization
What is one of the benefits of planning mentioned in the text?
Encourages employees to show their best
Why is planning considered essential for controlling?
Planned goals provide a basis for controlling
How does planning provide a competitive edge to an enterprise?
By improving the quality of production and resource utilization
What is the relationship between planning and controlling according to the text?
Controlling is the root, and planning is the fruit
How does effective planning contribute to achieving economies in operations?
By ensuring optimum resource utilization and securing economy
What role does planning play in encouraging innovations according to the text?
In planning, managers have opportunities for creative thinking and suggestions for better performance
This quiz covers the importance of planning in management by determining objectives and highlighting the purposes for activities. It also explains how planning helps in making objectives clear, focusing employees on goals, and guiding the organization.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free