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Questions and Answers
What is the primary purpose of planning in an organization?
What is the primary purpose of planning in an organization?
- To identify possible causes that may affect the organization's activities
- To conduct environmental scanning
- To establish objectives and determine how to achieve them (correct)
- To list down alternative courses of action
What does environmental scanning involve in the process of planning?
What does environmental scanning involve in the process of planning?
- Making decisions about the best course of action
- Identifying alternative courses of action
- Conducting surveys to determine if the business is possible at a target time and place (correct)
- Evaluating various alternatives for achieving the goals
Why does failure to identify goals lead to confusion in the planning process?
Why does failure to identify goals lead to confusion in the planning process?
- It results in inefficient use of resources
- It leads to a lack of efficiency and productivity
- It causes uncertainty about the direction of the organization (correct)
- It hinders the process of conducting environmental scanning
In the context of planning, what does evaluating various alternatives involve?
In the context of planning, what does evaluating various alternatives involve?
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What is the role of the owner/manager who effectively plans in an organization?
What is the role of the owner/manager who effectively plans in an organization?
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How does planning enhance the ability of an organization to adapt to future conditions?
How does planning enhance the ability of an organization to adapt to future conditions?
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What is the consequence of failure to effectively plan in an organization?
What is the consequence of failure to effectively plan in an organization?
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