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प्रश्न
Planning is of vital importance in the managerial process. Give any four reasons to support this statement.
उत्तर
- Planning provides direction: Planning establishes distinct goals that drive subsequent actions. Planning provides direction by specifying how work will be done ahead of time.
- Planning reduces the risk of uncertainty: Planning allows a manager to anticipate change. It assists management in anticipating and preparing for future risks, enabling them to make required arrangements in case of unexpected situations.
- Planning reduces overlapping and wasteful activities: Planning promotes clarity and efficiency, allowing for uninterrupted workflow. Reduce unnecessary or redundant activities. It is easier to detect and eliminate inefficiencies. This prevents confusion and misunderstanding.
- Planning promotes innovative ideas: The manager develops a notion of how to work on a certain task and seeks out better ideas, methods, or procedures to attain the goal. Innovative ideas promote corporate growth and profitability.
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संबंधित प्रश्न
Two years ago Mayank obtained degree in food technology. For some time he worked in a company manufacturing Bread and Biscuits. He was not happy in the company and decided to have his own Bread and Biscuits manufacturing unit. For this he decided the objectives and the targets and formulated action plan to achieve the same. One of his objective was to earn 50% profit on the amount invested in the first year. It was decided that raw materials like flour. sugar, salt 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 Harsh as a Production-Manager who decides the exact manner in which the production activities are to be carried out. Harsh also prepared a statement showing the requirement of workers in the factory throughout the year. Mayank informed Harsh about his sales target for different products, area wise for the forth coming quarter. While working on the production table a penalty of Rs 150 per day was announced for not wearing the helmet, gloves and apron by the workers.
Quoting lines from the above para identify and explain the different types of plans discussed.
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.
M.N. Roy was associated with ______.
Which software provides key performance indicators to help managers monitor the efficiency of projects and employees?
What is known as the primary function of management?
What should be the height of an area in the hill area development programme?
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?
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. |
Assertion (A): Planning is a primary function of management.
Reason (R): Planning is required at all levels of management as well as in all departments of the organisation.
Match the CATEGORY being marketed in Column I with the correct EXAMPLE in Column II.
| Column I | Column II | ||
| (1) | Ideas | (i) | Film festival |
| (2) | Experience | (ii) | Family Planning |
| (3) | Events | (iii) | Mountaineering |
