Planning in Industrial Organization and Management Quiz

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Questions and Answers

Which of the following best describes planning in an organization?

  • Defining goals and strategies (correct)
  • Providing direction
  • Coordinating work activities
  • Reducing ambiguity

What is the purpose of formal planning?

  • To reduce ambiguity
  • To create a common understanding
  • To define time-specific goals (correct)
  • To coordinate work activities

Why is planning important for managers and nonmanagers?

  • To provide direction (correct)
  • To coordinate activities
  • To create a common understanding
  • To reduce ambiguity

What is one benefit of planning in an organization?

<p>Creating a common understanding (A)</p> Signup and view all the answers

What does planning involve in terms of ends and means?

<p>Defining goals and strategies (A)</p> Signup and view all the answers

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Study Notes

Importance of Planning in Organization Management

  • Planning involves defining goals, strategies, and developing plans to coordinate work activities.
  • Formal planning is used, which includes specific goals for a specific time period.
  • Written goals are shared with organizational members to reduce ambiguity and create a common understanding.
  • Specific plans are created to achieve these goals.
  • Planning provides direction to managers and nonmanagers.
  • Employees can coordinate their activities and cooperate with each other when they know the organization's goals.
  • Planning helps in resource allocation and utilization.
  • It helps in identifying potential problems and finding solutions.
  • Planning improves decision-making by providing a framework.
  • It helps in adapting to changing circumstances and uncertainties.
  • Planning improves efficiency and effectiveness in achieving goals.
  • It promotes organizational growth and development.

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