Advertisements
Advertisements
प्रश्न
Planning has vital importance in the management process.
उत्तर
This statement is True
- Planning is the most basic or primary function of management. It precedes other functions because a manager plans before he acts.
- Planning involves determining the objectives and selecting a course of action to achieve them.
- Planning enables an organisation to cope with uncertainty and change the identity threats and opportunities. It provides sense of direction as all human efforts are directed to achieve goals.
- Planning encourages innovation and creativity which are must for the growth and development of business.
- It helps in interrelating all the activities and resources of an organisation as activities and efforts of various departments and divisions can be co – ordinated and harmonized with the help of overall plan.
APPEARS IN
संबंधित प्रश्न
Answer the following question.
‘Konark Ltd.’ Is an electronic good manufacturing enterprise situated in Shivpuri, Madhya Pradesh. It is earning a very low revenue in comparison to a competing electronic good manufacturing enterprise, ‘Nova Ltd.’ situated in Mumbai. Both Konark’s and Nova’s operations are affected directly by the investors, customers, competitors, and suppliers, which are unique to their respective locations. In addition to this, individual firms of this field are affected indirectly by the factors like the money supply in the economy, the composition of the families, the technological changes, etc.
1) Identify and state the feature of the concept discussed in the above paragraph.
2) Also, state any four points of importance of this concept.
Write the word. or phrase or tenn which can substitute the following statement~:
A function of management directly related to human beings.
State the nature of directing as a function.
Dr. Deming developed the concept of _________
Importance of Staffing.
Select the proper option from the options given below and rewrite the complete sentence :
Directing is initiated at the ________ level.
Select the proper option from the options given below and rewrite the complete sentence :
Staffing function is a ________ activity.
Match the correct pairs :
| Group 'A' | Group 'B' | ||
| a | Planning | 1 | Individual Taste. |
| b | Organising | 2 | Directly related to Human Beings. |
| c | Staffing | 3 | Bridges the gap between where we are now and where we want to go. |
| d | Directing | 4 | All the people are employed |
| e | Controlling | 5 | Not directly related to Human Beings |
| 6 | Identify and Grouping the work to be performed. |
||
| 7 | Corrective Action taking. | ||
| 8 | Right People at Right Jobs. | ||
| 9 | Taking action against employees. | ||
| 10 | Aims only at organizational Goals. |
Write a word or a phrase or a term which can substitute the following :
One of the functions of management is considered as a base for all functions.
Write a word or a phrase or a term which can substitute the following :
A process where managers instruct, guide and communicate with employees.
Write a word or a phrase or a term which can substitute the following :
A management function which decides in advance as to what to do, how to do, when to do and who is to do.
Answer the following Question:
What do you mean by Controlling and explain its nature?
Answer the following Question:
What is organizing? Explain the nature of organizing.
Planning is beneficial to all. In light of this statement, discuss the importance of planning.
Under which function of management, policies and strategies are formulated?
‘Thinking before doing’, under which function of management is this performed?
The Statement “Planning is a primary function”, suggests that ______.
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 of 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 done effective forecast and critical thinking regarding allocation of resources to reduce wastage." Identify the function of management mentioned here.
Under which of the following function of management, employees are guided and inspired:
IND Dyechem Ltd. is a chemical manufacturing company producing dyes and pigments both for domestic and international market. It has enjoyed a considerable market share but lately, it has been facing problems in terms of target sales and customer satisfaction. This is due to the reason that new entrants have emerged with better technology and competitive pricing. The Chairman of the company addressed this issue in the departmental meeting. The production head, Mr. Kamble, advised the Chairman to revamp the system and take immediate necessary actions to rectify the problem so that sales are achieved as per the plans.
Identify the relevant function of management being discussed here.
