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प्रश्न
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.
उत्तर
The features of planning which are discussed in the given situation are:
- Planning is a mental exercise - "Since it is an intellectual activity requiring intelligent imagination and sound judgement so it is mainly done by top management". It requires the application of mind and sound judgement. Since planning defines what is to be done in future, it requires sound thinking rather than doing.
- Planning is futuristic - "The top management formulates plans for the next year by analyzing and predicting the future to meet future events effectively". Planning is futuristic in the sense that it foresees the future, thereby helping to prepare for uncertain future events.
Limitations:
- Planning reduces creativity - "Middle-level managers are neither allowed to deviate from the plans nor are they permitted to act on their own". Plans are made by only the top management, and the lower levels of management are not allowed to deviate from the pre-defined course. Thus, in the process, lower-level managers tend to lose their creativity.
- Planning involves huge costs - "The top management ensures that the expenses incurred in formulating the plans justify the benefits derived from them". As planning is based on future predictions, it requires much thought, analysis, scientific calculations, etc., which are to be used for formulating a course of action. This involves high costs.
संबंधित प्रश्न
Define 'planning premises'.
Explain the first two steps in the process of Planning
Distinguish between method and procedure.
Which of the following plan has focused on the agriculture and rural economy?
Who wrote the book ‘The Road to Serfdom’?
Describe the case for planning.
What is known as the primary function of management?
Which of the following is not a feature of planning?
“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 is closely connected with ______ and ______.
In how many districts, drought-prone area are identified?
Which tribe lives in the Bharmaur region?
Hill area development programme does not include ______.
Which of the following statements is true regarding planning?
'Planning is required in all organisations, at all levels and in all departments.'
______ feature of Planning is stated in the above statement?
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 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.
Planning is of vital importance in the managerial process. Give any four reasons to support this statement.
