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प्रश्न
Explain the first three steps in the process of 'Planning'.
उत्तर
Initial three steps to be followed by the management while making plans:
i. Determining targets: Planning serves the purpose of determining targets of the organisation in its initial stage so that the subsequent functions of management have some standards for comparing the actual targets. Planning makes sure that the organisation carries a particular vision of achieving a certain quantifiable target within a particular time period.
ii. Creating assumptions: To determine specific targets, planning creates certain assumptions with respect to resources, people and business environment. Success of a plan depends directly on the accuracy of these assumptions and implementation of the plan.
iii. Determining available choices: Planning thereafter determines and suggests various courses of action available to the organisation to meet the desired targets. This step also enlists pros and cons of the available courses of action to assist in decision making.
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संबंधित प्रश्न
What are the steps taken by management in the planning process?
Identify the correct sequence of steps involved in the planning process.
Which step in the process of planning will precede the step in which the manager is required to make certain assumptions about the future, which are the base material upon which the plans are drawn.
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.
“In 2005, with the aim to accelerate growth the company had gone through several rounds of meetings and discussions.” What is the objective mentioned here according to the process stated here?
They provide a basis for interpreting strategy, which is usually stated in general terms.
Match the STEPS of Planning process in Column I with the appropriate SEQUENCE in Column II.
| Column I | Column II | ||
| (1) | Setting Objectives | (i) | Fourth step |
| (2) | Implementing the plan | (ii) | First step |
| (3) | Evaluating alternative courses | (iii) | Sixth step |
Which of the following statements is incorrect?
______ are the anticipated environments in which plans are expected to operate.
What does workforce analysis reveal?
While 'selecting an alternative' under the planning process, which of the following are considered?
Which of the following statements is false with respect to Planning?
Assertion (A): Planning is a time-saving process.
Reason (R): The success of an enterprise is possible only when plans are properly drawn up and implemented.
Planning is deciding in advance, what to do and how to do. The first step of planning process is :
Match the STEPS of Planning process in Column I with the appropriate SEQUENCE in Column II.
| Column I | Column II | |
| (i) | Setting Objectives | Fourth step |
| (ii) | Implementing the plan | First step |
| (iii) | Evaluating alternative courses | Sixth step |
Which of the following step in the process of planning states that the manager is required to make certain assumptions about the future:
To see whether plans are being implemented and activities are being performed according to the schedule, is a step of planning process. Identify the step.
‘The pros and cons of each alternative need to be weighed.’ Name and briefly explain the logical steps in the process of planning which are followed by a manager before performing the step highlighted in the above statement.
Briefly explain the next three steps in the process of planning which the manager will have to have to follow after using conjecture about what might happen in the future.
