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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.
उत्तर
Types of plans being discussed in the given paragraph:
1. Objective: An objective broadly outlines the key task or target to be reached at the end of a certain time period by the organisation. In the given case, the objective is highlighted in the words ‘One of her objectives was to earn 10% profit on the amount invested in the first year’.
2. Policy: A policy is a code of conduct to be followed by a particular organisation in a particular scenario. It is not specific and hence is interpreted according to the situation. In the given case, the lines ‘raw materials like fruits, vegetables, spices etc. will be purchased on three months credit from farmers cultivating organic crops only’ highlights a policy.
3. Procedure: A procedure comprises guidelines to be followed in a specific order to make a policy decision to come into reality. In the given case, the line ‘Decide to follow the steps required for marketing of the products through her own outlets’ highlights the procedure to be followed.
4. Method: A method is a specific process to be conducted to carry out a desired task. In the given case, the method is highlighted in the words ‘the exact manner in which the production activities are to be carried out’ highlight the type of plan called ‘method’.
5. Rule: A rule is a type of plan which mentions the exact way of completing a particular task and its degree of compulsion. A rule can also be negative and guide the employees about not doing a particular thing. In the given case, the line ‘Penalty of Rs 100 per day for not wearing caps, gloves and aprons was announced’ highlights a rule.
6. Budget: A budget is usually a number which specifies the financial constraints and targeted achievements on an organisation. It mentions the upper limit of the expenditure of resources. In the given case, the line ‘Mohan also prepared a statement showing the number of workers which will be required in the factory throughout the year’ implies a budget.
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संबंधित प्रश्न
Explain any three features of 'Planning.'
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.
Regional planning relates to ______.
Rearrange the steps in the decision-making process logically.
A. Identification of a problem
B. Identification of decision criteria
C. Allocation of weights to criteria
D. Development of alternatives
E. Analysis of alternatives
F. Selection of an alternative
G. Implementation of the alternative
Which software provides key performance indicators to help managers monitor the efficiency of projects and employees?
Which of the following quality a manager must possess to succeed in planning?
Planning requires logical and systematic thinking rather than guess work. The feature of planning being referred to in the above statement is.
In which state in Bharmaur Tribal Region situated?
On which factor does the economic development of a region depends?
Which is the main river in the Bharmaur region?
What is the female literacy rate in the Bharmaur region?
Hill area development programme does not include ______.
Aim of regional planning is ______.
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?
All other managerial functions are performed within the framework of the plans drawn. identify the related feature of planning.
What are the main features to be considered by the management while planning?
Which of the following is a feature of Planning?
Which of the following is a feature of Planning :
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?
Explain method as a type of Plan.
