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प्रश्न
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.
उत्तर
The features of planning which are discussed in the given situation are:
- Planning is a mental exercise - "Since it is an intellectual activity requiring intelligent imagination and sound judgement so it is mainly done by top management". It requires the application of mind and sound judgement. Since planning defines what is to be done in future, it requires sound thinking rather than doing.
- Planning is futuristic - "The top management formulates plans for the next year by analyzing and predicting the future to meet future events effectively". Planning is futuristic in the sense that it foresees the future, thereby helping to prepare for uncertain future events.
Limitations:
- Planning reduces creativity - "Middle-level managers are neither allowed to deviate from the plans nor are they permitted to act on their own". Plans are made by only the top management, and the lower levels of management are not allowed to deviate from the pre-defined course. Thus, in the process, lower-level managers tend to lose their creativity.
- Planning involves huge costs - "The top management ensures that the expenses incurred in formulating the plans justify the benefits derived from them". As planning is based on future predictions, it requires much thought, analysis, scientific calculations, etc., which are to be used for formulating a course of action. This involves high costs.
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.
Give the meaning of 'Rule' as a type of plan.
Can planning work in a changing environment? Give a reason to justify your answer.
Which of the following country adopts indicative planning?
Sarvodaya Plan was advocated by ______.
Arrange the following plans in correct chronological order
a) People’s Plan
b) Bombay Plan
c) Jawaharlal Nehru Plan
d) Vishveshwarya Plan
Describe the case for planning.
ITDP refers to which one of the following?
All other managerial functions are performed within the framework of the plans drawn. Identify the related feature of planning.
______ provides a rational approach for setting objectives and developing appropriate courses of action for achieving predetermined objectives.
What should be the height of an area in the hill area development programme?
What is the female literacy rate in the Bharmaur region?
Under which programme, did the Planning Commission of India (1967) identify 67 districts (entirely or partly) of the country as prone to drought?
Bharmaur ITDP includes ______.
Which of the following is not a feature of planning?
All other managerial functions are performed within the framework of the plans drawn. identify the related feature of planning.
Which of the following statements is false?
Which of the following is not the feature of Planning:
