Types of Plans in Management
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Questions and Answers

What is the primary focus of planning, as described in the text?

  • Achieving short-term goals
  • Looking into the future (correct)
  • Examining past performance
  • Maintaining the status quo
  • Which of the following is NOT a general characteristic of planning according to the text?

  • Fostering competition (correct)
  • Being simple and comprehensive
  • Establishing coordinated effort
  • Reducing wasteful activities
  • How does planning contribute to organization effectiveness based on the text?

  • By reducing coordination within teams
  • By ignoring environmental factors
  • By increasing competition among employees
  • By establishing a basis for all management functions (correct)
  • What should plans in an organization be, according to the text?

    <p>Clear, well defined, and easily understood</p> Signup and view all the answers

    How does planning in business relate to determining company objectives?

    <p>It is concerned with setting company objectives</p> Signup and view all the answers

    What is a major planning problem highlighted in the text?

    <p>Frequent and unpredictable changes in Nigeria environments</p> Signup and view all the answers

    Which issue related to corporate planning is addressed in the text?

    <p>Lack of integration of corporate planning into the management system</p> Signup and view all the answers

    What contributes to the basis of planning according to the text?

    <p>Inadequate data used frequently</p> Signup and view all the answers

    Which issue is stated as a challenge in the planning process?

    <p>Gap between planner formulation and employee plan implementation</p> Signup and view all the answers

    What is a common problem faced in using available data for planning?

    <p>Serious thinking and extensive paperwork</p> Signup and view all the answers

    What is the main purpose of planning as described in the text?

    <p>To ensure goals are specific and action programs exist to achieve them</p> Signup and view all the answers

    What distinguishes informal planning from formal planning according to the text?

    <p>Formal planning is written and defines specific goals</p> Signup and view all the answers

    Which of the following is NOT one of the aspects that planning defines according to the text?

    <p>How many</p> Signup and view all the answers

    What is a key function of planning described in the text?

    <p>Setting control within the organization</p> Signup and view all the answers

    Based on the text, why should managers engage in planning?

    <p>To adapt to rapid socio-economic changes</p> Signup and view all the answers

    In relation to planning, what does formal planning involve according to the text?

    <p>Defining specific goals and having action programs to achieve them</p> Signup and view all the answers

    What is the primary focus of strategic plans?

    <p>Positioning the organization in its environment</p> Signup and view all the answers

    What distinguishes long-term plans from short-term plans?

    <p>Time frame</p> Signup and view all the answers

    Which type of plan allows for flexibility and general guidelines?

    <p>Directional plans</p> Signup and view all the answers

    What do single-use plans refer to?

    <p>One-time plans for unique situations</p> Signup and view all the answers

    In the hierarchy of organizations, who is primarily responsible for operational planning?

    <p>Middle-Level Managers</p> Signup and view all the answers

    As a planner, what is the primary role of Chief Executives according to the text?

    <p>Establishing overall goals of the organization</p> Signup and view all the answers

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