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प्रश्न
Explain the first two steps in the process of Planning
उत्तर
Two steps in the planning process:-
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. The success of a plan depends directly on the accuracy of these assumptions and implementation of the plan.
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संबंधित प्रश्न
Two years ago Nishant, completed his degree in Textile Engineering. He worked for sometime in a company manufacturing readymade garments. He was not happy in the company and decided to have his own readymade garments manufacturing unit. He set the objectives and the targets and formulate action plan to achieve the same. One of his objectives was to earn 80% profit on the amount invested in the first year. It was decided that raw materials like cloth, thread, buttons 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 Ritesh as a production manager, who decides the exact manner in which the production activities are to be carried out. Ritesh also prepared a statement showing the requirement of workers in the factory throughout the year. Nishant informed Ritesh about his sales target for different products areawise for the forthcoming quarter. A penalty of Rs 200 per day was announced for the workers who found smoking in the factory premises.
Quoting lines from the above para identify and explain the different types of plans discussed.
Explain any three points that highlight the importance of planning.
Give the meaning of 'Objectives' as a type of plan.
Give the meaning of ‘Procedure’ as a type of plan.
What are the main aspects in the definition of planning?
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.
Arrange the following plans in correct chronological order
a) People’s Plan
b) Bombay Plan
c) Jawaharlal Nehru Plan
d) Vishveshwarya Plan
Write short notes on the drought-prone area programmes. How does this programme help in the development of dryland agriculture in India?
Which of the following quality a manager must possess to succeed in planning?
Which of the following is not a benefit of planning?
What is known as the primary function of management?
Planning requires logical and systematic thinking rather than guess work or wishful thinking. Identify the related feature of planning.
______ provides a rational approach for setting objectives and developing appropriate courses of action for achieving predetermined objectives.
“Changes or events cannot be eliminated but they can be anticipated and managerial responses to them can be developed.” is suggested by the following importance of planning.
In which state in Bharmaur Tribal Region situated?
What was the period of the First Five Year Plan?
Does planning include which of the following?
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.
Which of the following is not the feature of Planning:
