Importance of Planning in Management
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Questions and Answers

What is one of the key benefits of planning according to the text?

  • Highlighting purposes for various activities (correct)
  • Micromanaging employees
  • Setting short-term goals
  • Encouraging last-minute decisions

    • How does planning help in reducing uncertainties according to the text?

  • By predicting future events accurately
  • By making provisions to meet unexpected events (correct)
  • By increasing risks
  • By creating confusion

    • What does planning compel a manager to do according to the text?

  • Encourage random decision-making
  • Prepare a Blue-print of courses of action (correct)
  • Neglect organizational goals
  • Avoid setting objectives

    • How does planning contribute to organizational order according to the text?

    <p>By bringing rationality into the organization</p> Signup and view all the answers

    What is one of the outcomes of planning according to the text?

    <p>Improved coordination in different departments</p> Signup and view all the answers

    Why is planning considered essential for an organization according to the text?

    <p>To provide a guide for the organization</p> Signup and view all the answers

    What is one of the benefits of planning mentioned in the text?

    <p>Encourages employees to show their best</p> Signup and view all the answers

    Why is planning considered essential for controlling?

    <p>Planned goals provide a basis for controlling</p> Signup and view all the answers

    How does planning provide a competitive edge to an enterprise?

    <p>By improving the quality of production and resource utilization</p> Signup and view all the answers

    What is the relationship between planning and controlling according to the text?

    <p>Controlling is the root, and planning is the fruit</p> Signup and view all the answers

    How does effective planning contribute to achieving economies in operations?

    <p>By ensuring optimum resource utilization and securing economy</p> Signup and view all the answers

    What role does planning play in encouraging innovations according to the text?

    <p>In planning, managers have opportunities for creative thinking and suggestions for better performance</p> Signup and view all the answers

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