Management Planning and Controlling Functions

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InstrumentalHarmony
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4 Questions

What is the primary focus of management planning?

Identifying ways to achieve goals

Which resources need to be identified during the planning process?

Manpower, production capacity, financial resources

What is the relationship between planning and controlling functions?

They reinforce each other

What do long-term plans reflect in a company?

Company's business strategy

This quiz covers the concepts of management planning and its relationship with the controlling function. It delves into goal setting, resource identification, long-term and short-term plans, and the significance of planning for organizational success.

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