13 Questions
Match the following activities with the role of an entrepreneurial manager: (a) Reading trade publications and professional journals (b) Talking with customers to remain abreast of changing needs (c) Visiting other firms and attending professional meetings (d) Developing systems to measure overall performance
Entrepreneurial manager = Visiting other firms and attending professional meetings Monitor = Developing systems to measure overall performance
Match the following activities with the role of a monitor: (a) Using information systems to measure productivity and cost (b) Talking with group members about progress on tasks (c) Overseeing the use of equipment and facilities (d) Participating in grievance resolution
Monitor = Overseeing the use of equipment and facilities Disturbance Handler = Participating in grievance resolution
Match the following activities with the role of a disturbance handler: (a) Resolving complaints from customers, other units, and superiors (b) Resolving conflicts among group members (c) Resolving problems about work flow and information exchange with other units (d) Talking with customers to remain abreast of changing needs
Disturbance Handler = Resolving problems about work flow and information exchange with other units Entrepreneurial manager = Talking with customers to remain abreast of changing needs
What are the key characteristics of a well-defined objective in the planning process?
Simple, rational, appropriate, and comprehensive
Why is flexibility important in the planning process?
To adapt to changes and unforeseen circumstances
How does proper coordination among long-range, mid-range, and short-range plans benefit an organization?
Ensures alignment and consistency in achieving objectives
Why should planning be free from social and psychological biases?
To ensure objective decision-making and fairness
How does planning promote a harmonious relationship among different departments in a firm?
By aligning activities towards common objectives
What is the role of objectives in motivating individuals within an organization?
Specifying the purpose of each job and aligning individual goals with overall objectives
How do objectives provide better coordination among personnel and resources?
By setting clear standards and expectations for performance
What is the purpose of policies in the planning process?
To guide decision-making and actions towards achieving objectives
Explain how objectives bring unity to the planning process.
By aligning all business activities towards common end results
How do objectives aid in decentralization of authority and responsibilities?
By empowering individuals to work towards specific objectives
This quiz covers topics related to planning such as population trends, production costs, government policies, availability of materials, and manpower requirements. It also focuses on determining alternative courses of action, analyzing and comparing probable alternatives, and evaluating them analytically. The timing and sequence of operations are discussed in detail for effective planning purposes.
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