Podcast
Questions and Answers
What is the primary function in management activity?
What is the primary function in management activity?
- Leading
- Organizing
- Planning (correct)
- Controlling
What does planning involve according to the text?
What does planning involve according to the text?
- Implementing
- Motivating
- Evaluating
- Selecting objectives and strategies (correct)
Why is planning considered critical in an organization?
Why is planning considered critical in an organization?
- It contributes to the organization's direction and purpose (correct)
- It deals with organizing resources
- It involves leading subordinates
- It focuses on controlling subordinates
What does a manager need to plan in order to understand?
What does a manager need to plan in order to understand?
Which type of planning has gained a vigorous surge of interest recently?
Which type of planning has gained a vigorous surge of interest recently?
What will be covered in the unit according to the text?
What will be covered in the unit according to the text?
What is the purpose of planning in the context of formal organizations and their management?
What is the purpose of planning in the context of formal organizations and their management?
What is a common misconception about planning's purpose according to the text?
What is a common misconception about planning's purpose according to the text?
What does planning imply in the context of formal organizations?
What does planning imply in the context of formal organizations?
What does planning provide in terms of job behavior for managers and others?
What does planning provide in terms of job behavior for managers and others?
What is one of the sources of importance of planning?
What is one of the sources of importance of planning?
What is meant by the concept of planning in the context of formal organizations?
What is meant by the concept of planning in the context of formal organizations?
What does planning strengthen, according to the text?
What does planning strengthen, according to the text?
What does planning allow managers to do according to the text?
What does planning allow managers to do according to the text?
What does planning involve according to the text?
What does planning involve according to the text?
What image does planning bring to mind, according to the text?
What image does planning bring to mind, according to the text?
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Study Notes
Planning in Management
- The primary function in management activity is planning
- Planning involves setting objectives, establishing course of action, and allocating resources to achieve them
- Planning is considered critical in an organization as it provides direction, reduces uncertainty, and increases efficiency
- A manager needs to plan to understand the organization's objectives, allocate resources, and make decisions
Importance of Planning
- One of the sources of importance of planning is that it allows managers to make decisions that align with the organization's objectives
- Planning strengthens the ability of managers to make effective decisions
- Planning provides a sense of direction and purpose for job behavior of managers and others
- Planning implies a systematic and deliberate process of making decisions about the allocation of resources
Misconceptions about Planning
- A common misconception about planning's purpose is that it is only about making predictions or forecasts
Benefits of Planning
- Planning allows managers to do things intentionally and deliberately, rather than just reacting to events
- Planning brings an image of a structured and organized process to mind
Recent Trends in Planning
- Strategic planning has gained a vigorous surge of interest recently
Course Outline
- This unit will cover the purpose of planning in the context of formal organizations and their management
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