16 Questions
What is the main purpose of planning in an organization?
To establish goals and standards for controlling
Which type of plan describes the day-to-day running of the company?
Operational plan
What are single use plans in the context of planning?
Plans created for events with a single occurrence
What is the purpose of ongoing plans in an organization?
To include policies for approaching problems
What is the significance of developing appropriate strategies in planning?
To provide direction to managers and non-managers alike
What is the characteristic of operational plans (OP)?
They are created for events with a single occurrence
What is the primary focus of strategic planning?
Defining a mission and casting a vision
What is the main difference between tactical planning and operational planning?
Tactical plans ask 'how', operational plans ask 'what'
When is contingency planning essential?
When unexpected changes occur
What are the important components of a strategic plan?
Mission, vision, and values
Which step comes after 'Determining alternative course of Action' in the planning process?
Evaluating the alternatives
What is the primary focus of tactical planning?
Breaking down the strategic plan into actionable chunks
What does the foundation of planning consist of?
Desired outcomes and the difference between goals & objectives
What scope does tactical planning typically cover?
One year
What type of plans are made when something unexpected happens or when something needs to be changed?
Contingency planning
What is the primary purpose of operational plans?
To support strategic planning
Test your understanding of the three management environments, direct and indirect HRM, and the planning function. Explore topics such as defining organizational goals, establishing strategies, and the reasons for planning.
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