1. How can you say that an organization implied "Well plan is half done"? 2. Establishment of Planning Premises. How it works inorganization? 3. Establishment of objectives. What is the purpose of this in the principles of management?
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Solved in 4 steps
- Why should managers plan?1. Define informal planning. What are the advantages of informal planning over formal planning(strategy) 2. In which situations or scenarios is informal planning suitable to be used in an organisation?Planning1. Explain the objectives of planning. Why are they necessary?2. Distinguishes the various types of plans that are developed in companies.
- 1. Discuss the relationship between long-term, strategic and corporate planning. 2. Discuss the importance of all three to the success of an organization.What is a strategic business unit (SBU)? how doesstrategic planning differ at the corporate and the SBUlevels?Answer the following questions.1. Why is planning an important activity for engineer managers?2. How may “planning” be defined?3. What planning activities are undertaken at various management levels?4. What are the steps in the planning process?5. What are the types of plans?How may they be classified?6. What is the production plan? What are its components?7. What is a budget? 8. What is meant by “ company mission”?9. What are the barriers to planning?10. What may be used as aids in planning
- 6. The managers of managers of ABC Services Ltd. meet annually to create a list of potential future complications and plan how to respond to each possibility. ABC Services Ltd. is practicing planning Select one O a functiorial-level b contingency Oc divisional-level O d single-use O e ad-hoc Clear my choiceWHat is the role of theproject manager?State any 3 limitations of planning the functions of management.