Podcast
Questions and Answers
What is the primary purpose of Planning in management?
What is the primary purpose of Planning in management?
- Establishing overall strategy to achieve goals
- Defining organizational goals and objectives (correct)
- Providing direction to managers and non-managers
- Minimizing waste and redundancy
Which type of plan helps in defining the direction a company will take in the next three to five years?
Which type of plan helps in defining the direction a company will take in the next three to five years?
- Operational plan
- Directional plan
- Specific plan
- Strategic plan (correct)
What does Planning primarily help in reducing?
What does Planning primarily help in reducing?
- Goals and standards
- Direction to managers
- Waste and redundancy
- Uncertainty (correct)
What is the focus of Single-Use plans?
What is the focus of Single-Use plans?
What is the purpose of Controlling in the management process?
What is the purpose of Controlling in the management process?
What is the primary purpose of Establishing overall strategy in planning?
What is the primary purpose of Establishing overall strategy in planning?
How does planning provide direction to managers and non-managers?
How does planning provide direction to managers and non-managers?
What is the focus of Single-Use plans?
What is the focus of Single-Use plans?
How does planning help in reducing uncertainty?
How does planning help in reducing uncertainty?
Which type of plan helps in defining the direction a company will take in the next three to five years?
Which type of plan helps in defining the direction a company will take in the next three to five years?