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प्रश्न
Distinguish between method and procedure.
उत्तर
Difference between Procedures and Methods
| Procedures | Methods |
| (a) Procedures are sequences of steps to be followed for performing some important jobs. | (a) Methods are a formalized way of doing routine and repetitive jobs. |
| (b) Procedures are more rigid. | (b) Methods are less rigid or flexible. |
| (c) Procedures help in the implementation of the policy. | (c) Methods help for standardization and coordination of activity. |
| (d) Example: Procedure for giving admission in a school or giving contracts to an outside agency. | (d) Example: Methods of valuation of stock or method of production. |
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संबंधित प्रश्न
Two years ago Nishant, completed his degree in Textile Engineering. He worked for sometime in a company manufacturing readymade garments. He was not happy in the company and decided to have his own readymade garments manufacturing unit. He set the objectives and the targets and formulate action plan to achieve the same. One of his objectives was to earn 80% profit on the amount invested in the first year. It was decided that raw materials like cloth, thread, buttons etc. will be purchased on two months credit. He also decided to follow the steps required for marketing the products through his own outlets. He appointed Ritesh as a production manager, who decides the exact manner in which the production activities are to be carried out. Ritesh also prepared a statement showing the requirement of workers in the factory throughout the year. Nishant informed Ritesh about his sales target for different products areawise for the forthcoming quarter. A penalty of Rs 200 per day was announced for the workers who found smoking in the factory premises.
Quoting lines from the above para identify and explain the different types of plans discussed.
Explain any three points that highlight the importance of planning.
Give the meaning of objectives and budget as types of plans.
Can planning work in a changing environment? Give a reason to justify your answer.
Sarvodaya Plan was advocated by ______.
Is accepting solutions that are "good enough".
Which of the following quality a manager must possess to succeed in planning?
It is that function of management which is considered as the base of all other functions.' Identify the function of management stated in the above lines.
Match the FEATURES of Planning in Column I with the appropriate EXPLANATION in Column II.
| Column I | Column II | |
| (i) | Mental exercise | Involves looking ahead and is regarded as a forward looking function. |
| (ii) | Futuristic | An intellectual activity of thinking rather than doing. |
| (iii) | Continuous | Need for a new plan on the basis of new requirements and future conditions. |
Planning is of vital importance in the managerial process. Give any four reasons to support this statement.
