Planning is no guarantee of success of a business enterprise”. Discuss any two limitations of planning that the manager should keep in mind.
Q: 3. Discuss one of the following tools that can be used in the planning process: a) the Gantt chart,…
A: Management is a goal oriented, multi-dimensional group activity. In simple terms it is an art to…
Q: functional managers. Managers and employees are motivated more by perceived self-interests than by…
A: Below mentioned are the organization characteristics: 1. Division of work is the organization's…
Q: 1- Entrepreneurs must set goals that are Specific, Masked, Actionable, Reasonable, Tacy…
A: An entrepreneur is a person who sets up a new organization for society with some money of him and he…
Q: 1.In , goals set by top managers flow down through the organization and become subgoals for each…
A: Goal setting includes the construction of an action plan created in order to stimulate and lead a…
Q: In which step of the planning process would one know where one is placed in reaching the goals, and…
A: A small quantity of products is a small lot. She remains to her small lots because her products are…
Q: What are the importance and limitations of planning as a function of management
A: Planning helps its organization to achieve its goals . The process of planning begins with…
Q: Discuss any two disadvantages of comprehensive planning and two ways in which communicative based…
A: Comprehensive Planning: This is a type of planning process that involves the development of land,…
Q: Discuss in your view what the different between action plan and operating plan?
A: There are various long-term and short-term goals and objectives of an organization. Though every…
Q: How do you think planning in today’s organizations compares to planning 25 years ago? Do you think…
A: Planning plays an important role in the project's completion. It is one of the most basic and common…
Q: How do you think planning in today’s organizations compares to planning 25 years ago? Do you think…
A: Planning is an essential part of an organization's activity. Out of all the existing activities,…
Q: How do you think planning in today’s organizations compares to planning 25 years ago? Do you think…
A: Planning plays a major role in decision making in organizations. Whenever a situation changes, it…
Q: The major functions of management are A. strategic management and long-range planning B. planning…
A: Wherever human activity exists, management is required. management is a process that involves…
Q: What are the four questions a good planning system must answer?
A: Every business starts with strategic planning, and before implementing any activities, process the…
Q: Planning as a management function is traditionally carried out by managers with deep levels of…
A: ''Question is subjective, hence solution is given in general'' INTRODUCTION: The planning function…
Q: Why is business plan important when planning a business?
A: Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: Directions: Make a short/mini Business plan by filling up the table, make a vision of your business,…
A: A business plan can be referred to as the blueprint of a business. The details regarding the core…
Q: Although ‘planning’ seems to take a lot of efforts, why is it so important for managers to plan? Why…
A: Planning is the way toward pondering and coordinating the exercises needed to accomplish an ideal…
Q: How is a business plan different from an executive summary?
A: Every organization needs a business plan and executive summary to capture the awareness of the…
Q: How do a strategic plan, a tactical plan, and an operational plan differ? What do they all have in…
A: We all know that every organization has a particular objective or a goal. Every organization has its…
Q: Organizational planning is like charting your company’s path on a map. You need to know what…
A: “Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: Which is considered as the core of planning? a. Organizing b. Decision making c. Staffing d.…
A: Management function determines the overall process of business operations in different areas such as…
Q: For planning to be effective, workers need a specific, challenging goal as well as regular feedback…
A: True - For planning to be effective workers need a specific, challenging goal as wellas regular…
Q: What is a mission statement? What is a SWOTanalysis? What role do these play in the planningprocess?
A: strategy means identifying or deciding the basic mission of a company, the goals and objectives…
Q: What argument against formal planning indicates that confidence in a plan is dangerous?
A: Planning is formal when it is reduced to writing. When there is large number of actions, it is good…
Q: 1. sets out the purpose and general direction for the organization? A. Vision B. Purpose statement…
A: Note- We are authorized to answer one question at a time, since you have not mentioned which…
Q: Do you think planning becomes more important or less important in a world where everything is…
A: Planning is one of the basic tasks which an organization takes before it executes its tasks. It is…
Q: Edwin recently graduated with his honours qualification in Financial Management and wants to open up…
A: In general terms, planning means to decide in advance what is to be done in advance in order to…
Q: Who is responsible to prepare the tactical plans? O a. Lower level management O b. Middle level…
A: Tactical plans are the types of plans that involve decision-making regarding the acquisition of…
Q: Managers must have flexibility to change plans since the future is so uncertain. If the statement…
A: A plan is a list of tasks or diagrams that mentions every step, resources required, and time to…
Q: 1. Explain the suitability of scenario planning in a highly volatile and turbulent business…
A: It is a process for deciding in advance about the future objectives of the organization is to…
Q: Define planning, Discuss briefly its importance, List out five steps in the planning process…
A: Planning in an organization is a management process, aimed at setting objectives for the company's…
Q: Which of the following statements is correct regarding planning function?
A: BUSINESS PLAN: A business plan refers to the blueprint of the practical business idea. These are the…
Q: Discuss one Characteristics of Tactical Planning and explain why this is important in the process?…
A: Tactical planning allows the companies to achieve short term goals. It is more of a department…
Q: Organizational planning is like charting your company's path on a map. You need to know what…
A: Organizational arranging resembles outlining your organization's way on a guide. You need to…
Q: How important is planning to organization managers?
A: As per the guidelines, we need to answer the only the first question at a time. Please resubmit your…
Q: b. Why in planning a business a strategy is needed in planning from the beginning until the business…
A: b.Planning is one of the important and first functions of management followed by organising,…
Q: discuss strategies you would apply to place a balanced emphasis on ends and means.
A: Strategy is a general plan to achieve the goals under conditions of uncertainty . A strategy…
Q: Paa Kwesi runs to you for advice. How are you going to help him with his presentation in class…
A: SOLUTION: As per the question that Paa kwesi is our level 100 friend, I want Paa best in anyway.We…
Q: Organizational planning is like charting your company’s path on a map. You need to know what…
A: In any company, management ensures process and workforce efficiency and effectiveness in order to…
Q: Different types of Organizational Plans? (Briefly describe each plan.) b. How Organizations develop…
A: Planning is a function of management used in all companies and organizations . Planning…
Q: Will planning become more or less important to managers in the future? Why? Where do you want to be…
A: Yes, planning will become more important to managers in the future. Planning is very important part…
Q: in this chapter, we talked about how firms do strategic,functional, and operational planning. Yet…
A: A plan is the steps jotted down to achieve some goal. In it, all the challenges, elements which will…
Q: Planning takes a lot of effort. What do you think people should engaged in it? Explain the quote “…
A: Planning is described as a process or an act of carrying out or making plans so that established…
Q: pares to planning 25 years ago? Do you think planning becomes more important or less important in a…
A: Planning in today's organization with authoritative arranging 25 years back, there is far more…
Step by step
Solved in 2 steps
- Why should managers plan?What are the benefits of planning? What are the limitations of planning? Define the following types of planning: Contingency Scenario Crisis Why is each type of planning above important for today’s managers?What are the advantages of planning? Explain briefly the limitations of planning.
- What are the hurdles to effective planning, and how can your organization overcome them?1. Explain the suitability of scenario planning in a highly volatile and turbulent business environment. 2. Explain THREE corporate-level strategies of a organization to decide the future direction of the businessWhat are the ethical considerations in planning? Discuss the importance of ethical decision-making in the planning process and how organizations can ensure integrity, transparency, and fairness in their planning efforts.
