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Questions and Answers
According to Fayol, how is planning defined?
According to Fayol, how is planning defined?
- Thinking in advance about what is to be done, when, how, and by whom (correct)
- Thinking in advance about who should do the work
- Thinking in advance about why the work should be done
- Thinking in advance about what is to be done only
How does planning help in facing uncertainty?
How does planning help in facing uncertainty?
- By avoiding uncertain situations
- By making assumptions and preparing for the future (correct)
- By seeking external help
- By ignoring uncertain factors
What is one of the benefits of planning mentioned in the text?
What is one of the benefits of planning mentioned in the text?
- Evaluating the performance of employees
- Controlling employees' actions
- Providing directions to employees' efforts (correct)
- Assigning specific tasks to employees
What does planning evaluate in terms of resources?
What does planning evaluate in terms of resources?
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What is a requirement for planning according to the text?
What is a requirement for planning according to the text?
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What is the primary purpose of planning?
What is the primary purpose of planning?
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What is the key characteristic of effective planning?
What is the key characteristic of effective planning?
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What distinguishes strategic planning from operational planning?
What distinguishes strategic planning from operational planning?
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Study Notes
Planning in Management
- Planning is defined as "forecasting and preparing for the future" by Henri Fayol.
- Planning helps in facing uncertainty by enabling organizations to anticipate and prepare for potential risks and opportunities.
- One of the benefits of planning is that it allows organizations to reduce uncertainty and improve their overall performance.
- Planning evaluates the availability of resources, including human, financial, and material resources.
- A requirement for planning is that it must be based on a clear understanding of the organization's goals and objectives.
- The primary purpose of planning is to identify the most appropriate course of action to achieve the organization's objectives.
- The key characteristic of effective planning is that it is flexible and adaptable to changing circumstances.
- Strategic planning is distinguished from operational planning in that it focuses on long-term goals and objectives, while operational planning focuses on short-term, day-to-day activities.
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