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Question
Explain any three features of 'Planning.'
Solution
Three features of planning:
i. Attainment of goals: Planning lays a foundation for the key goals of an organisation to be achieved. It makes sure that the organisation uses all its available resources to achieve the desired level of output in a given time. It ensures that the organisation follows a particular strategy in routine to achieve the desired results ultimately. For example, if an organisation expects to increase its turnover by 30% in one year, then plans are formulated in accordance with that desired expectation of results.
ii. Basis of subsequent functions: Planning serves as a basis or foundation for subsequent functions of management, i.e. directing, controlling, staffing and organising. When the desired performance/output level is planned, the other functions come into play. Without a plan, all other functions of management would serve no purpose at all.
iii. Broad scope: Plans are made and followed by all levels of a particular organisation to achieve their certain standards of performance. Top level managers make plans to initiate and implement different policies. Middle level managers make plans to get the workers to understand and follow the policies. Lower level managers plan to supervise and guide workers to achieve their targets.
RELATED QUESTIONS
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.
If planning involves working out details for the future, why does it not ensure success?
Arrange the following plans in correct chronological order
a) People’s Plan
b) Bombay Plan
c) Jawaharlal Nehru Plan
d) Vishveshwarya Plan
What are the social benefits of ITDP in the Bharmaur tribal region?
Which of the following quality a manager must possess to succeed in planning?
On which factor does the economic development of a region depends?
In how many districts, drought-prone area are identified?
Which tribe lives 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?
Which region is popularly known as the homeland of Gaddis?
Sectoral planning does not include ______.
Bharmaur ITDP includes ______.
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 :
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.
'It involves application of high order thinking skills and intellectual faculties, involving vision and foresightedness to decide the things to be done in the future.'
Which feature of Planning is stated in the above line?
'Planning is required in all organisations, at all levels and in all departments.'
______ feature of Planning is stated in the above statement? (1) (2) Planning is pervasive (3) Planning is a mental exercise (4) None
Planning is of vital importance in the managerial process. Give any four reasons to support this statement.
