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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.
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 50% 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 in nature and hence is interpreted according to the situation. In the given case, the line ‘Raw materials like flour, sugar, salt etc. will be purchased on two months credit’.
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 ‘Decided to follow the steps required for marketing of the products through his 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 guides employees about not doing a particular thing. In the given case, the line ‘Penalty of Rs 150 per day for not wearing the helmet, 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 ‘Harsh 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
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.
Explain the first two steps in the process of Planning
What are the main aspects in the definition of planning?
Which of the following country adopts indicative planning?
Planning Commission was set up in the year ______.
Who wrote the book ‘The Road to Serfdom’?
Bring out the arguments against planning.
Is a rule of thumb that managers use to simplify decision-making.
Which of the following is not true about planning?
Planning requires logical and systematic thinking rather than guess work or wishful thinking. Identify the related feature of planning.
What is the female literacy rate in the Bharmaur region?
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?
______ must be futuristic in nature.
Which of the following is a feature of Planning?
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. |
Which of the following is a feature of Planning :
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.
Deepti and Sudha are managers at ABC Ltd. and are working together on a project. They report to Mrs. Verma, a Senior Manager. Sudha asks Deepti to submit a report on the project to her without informing Mrs. Verma. Which Principle of Management is not followed in this case?
