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प्रश्न
Explain method as a type of Plan.
Explain the following type of plan:
Method
उत्तर
A method is a form of strategy that specifies the stages or procedures to be taken to attain a given aim or purpose. It establishes a systematic strategy and specifies the sequence of actions or processes necessary to achieve a desired result.
Features of Method are:
- It is the standardised and simplified way of accomplishing any task.
- It is designed to achieve efficacy and economy in operations.
- Methods are the results of research and observations.
- Methods are always rational and logical.
- No penalties are imposed in case of violation of method of performing any task.
संबंधित प्रश्न
Two years ago Madhu completed her degree in food technology. She worked for sometime in a company manufacturing chutneys, pickles and murabbas. She was not happy in the company and decided to have her own organic food processing unit for the same. She set the objectives and the targets and formulated action plan to achieve the same.
One of her objective was to earn 10% profit on the amount invested in the first year. It was decided that raw materials like fruits, vegetables, spices etc. will be purchased on three months credit from farmers cultivating organic crops only. She also decided to follow the steps required for marketing of the products through her own outlets. She appointed Mohan as a Production Manager who decides the exact manner in which the production activities are to be carried out. Mohan also prepared a statement showing the number of workers that will be required in the factory throughout the year. Madhu informed Mohan about her sales target for different products, areawise for the forthcoming quarter. While working on the production table a penalty of Rs 100 per day for not wearing the caps, gloves and apron was announced. Quoting lines from the above para identify and explain the different types of plans discussed.
Answer the following question:
In 2015, Naveen left his luxurious life in Mumbai, where he worked as a manager for Blue Birds Ltd. He shifted to Begampur, Chhattisgarh to fulfill his grandmother's dream of converting their 25-acre ancestral land into a fertile farm. For this, he set out specific goals along with the activities to be performed to achieve the goals.
Every activity was a challenge since he was clueless about farming. He learned every activity from filling the land to sowing the seeds. To aid farmers he launched his own company 'Innovative Agriculture Solutions Pvt. Ltd.’
It was difficult initially as no one trusted an urban youth telling farmers about farming. But when everything was discussed in detail the farmers started taking an interest. He wanted to ensure that future events meet effectively the best interests of the company. Through sales forecasting, he prepared an annual plan for production and sales.
He also found that the farmers grew the only paddy, which was an activity of 3 - 4 months and land remained idle for the rest 8-9 months of the year. He not only identified but evaluated various alternatives through which the farms could be utilised for the remaining months of the year. Through correct foresight and logical and systematic thinking based on analysis of all facts, all alternative was examined and evaluated. He promoted a plan to the farmers, where after harvesting paddy, vegetables could be grown.
The above case highlights the features of one of the functions of management. By quoting lines from the above identify and explain these features.
Explain the first two steps in the process of Planning
Can planning work in a changing environment? Give a reason to justify your answer.
What are the main aspects in the definition of planning?
Answer the following question.
Mega Ltd. holds an Annual Management Programme every year in the month of March in which the top managerial personnel formulates plans for the next year by analyzing and predicting the future to meet future events effectively. As they are responsible for providing direction to the organization, facts are thoroughly checked using scientific calculations. Detailed plans are prepared after discussion with professional experts. Preliminary investigations are also undertaken to find out the viability of the plan. Since it is an intellectual activity requiring intelligent imagination and sound judgment so it is mainly done by the top management. Usually, rest of the members just implement the plans. Middle-level managers are neither allowed to deviate from the plans nor are they permitted to act on their own. The top management ensures that the expenses incurred in formulating the plans justify the benefits derived from them.
State any two limitations and any two features of planning discussed above.
Which of the following country adopts indicative planning?
A long-term plan is also known as a ______.
Sarvodaya Plan was advocated by ______.
Planning Commission was set up in the year ______.
Describe the case for planning.
Which of the following is an assumption of rationality to rational decision-making?
Which of the following is not a benefit of planning?
Planning requires logical and systematic thinking rather than guess work or wishful thinking. Identify the related feature of planning.
______ provides a rational approach for setting objectives and developing appropriate courses of action for achieving predetermined objectives.
“Changes or events cannot be eliminated but they can be anticipated and managerial responses to them can be developed.” is suggested by the following importance of planning.
Planning requires logical and systematic thinking rather than guess work. The feature of planning being referred to in the above statement is.
Which tribe lives in the Bharmaur region?
What was the period of the First Five Year Plan?
Read the following text and answer the following question on the basis of the same:
Simplex limited had been taken over by Mundhra Group immediately following India’s independence. Since then it enjoys a rich record of industry presence and experience. In 2005, with the aim to accelerate growth the company had gone through several rounds of meetings and discussions before launching ERP system to attract large projects. The management had done effective forecast and critical thinking regarding allocation resources to reduce wastage. For this purpose the company had laid down multiple courses of action to meet the challenge of adverse situations. In 2008, the company suffered loss in many projects due to the great recession despite taking many cost cutting measures. The management had taken utmost care regarding the possible outcome and timely review of the plans to achieve the set target during that hard time. In 2010 the system implemented successfully which subsequently helped the company to execute numerous projects with precision and timeliness.
“The management had taken utmost care regarding the possible outcome and timely review of the Plans to achieve the set target during that hard time.” Which is the last step of the Process mentioned here?
Which of the following is not a benefit of planning?
Which of the following is not a feature of planning?
What are the main points in the definition of planning?
Which of the following is a feature of Planning?
Match the FEATURES of Planning in Column I with the appropriate EXPLANATION in Column II.
| Column I | Column II | ||
| (1) | Mental exercise | (i) | Involves looking ahead and is regarded as a forward looking function. |
| (2) | Futuristic | (ii) | An intellectual activity of thinking rather than doing |
| (3) | Continuous | (iii) | Need for a new plan on the basis of new requirements and future conditions. |
'It involves application of high order thinking skills and intellectual faculties, involving vision and foresightedness to decide the things to be done in the future.'
Which feature of Planning is stated in the above line?
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. |
The purpose of planning is to meet future events effectively to the best advantage of an organisation. This statement highlights which of the following features of planning?
