Two managerial functions identified by the French Industrialist, Henry Fayol in the early 1900s are planning and control. a. a. TRUE b. FALSE
Q: "Planning is a continuous and all-pervasive feature of rianagement." In view of the preceding…
A: Planing is a comprehensive and ongoing feature in the management environment. Planning is the most…
Q: Planning monitoring and control is often considered a closed system because of this. Which planning,…
A: Planning and monitoring is a continuous process which needs continuous tracking, reviewing and…
Q: List and briefly explain the elements of the CP control process?
A: A control process is a mechanism that enables a company to calculate, fit, set, and tweak any…
Q: Explain briefly the limitations of planning. Lack of Dependable Information, Time Consuming &…
A: Planning can be defined as the management functions which help to think about the activities that…
Q: . GIVE 5 EXAMPLES OF ERGONOMICS SITUATIONS AND ITS IMPORTANCE
A: Examples of Ergonomics situations: Below are some examples of ergonomics situations.…
Q: ial and direct labor) is 60% of sales and profit is 10% of sales, what would be the improvement in…
A: A Small introduction about profit:- When the money generated from a commercial activity exceeds the…
Q: ABC ELECTRIC COOPERATIVE, INC.: Masquerade Right after Engr Ace Puno finished his electrical…
A: Engineer Pasqua must first grasp the fundamental source of the problem before attempting to fix the…
Q: What are five typical characteristics of the production planning problem?
A: Production planning is all about identifying the production goals and to achieve them as well to…
Q: What are the primary advantages and limitations of informal graphic and charting techniques…
A: The aggregate plan is the output of sales and operations planning. The major concern of aggregate…
Q: All of the following questions relate to the decision making function of management except: а. None…
A: Decision Making Decision making is a primary function of management. It is a constant function and…
Q: Briefly discuss the advantages and disadvantages of each of these planning strategies:b. Vary the…
A: The strategy of "Vary the size of the workforce to correspond to predicted changes in demand…
Q: What are the FOUR broad goals of an organization's internal control system? What are the FOUR broad…
A: The internal control system of an organization is made up of the policies and systems set to provide…
Q: create a PESTLE analysis of the business H&M.
A: Businesses carry out the PESTLE analysis to determine the influence of the external market factors…
Q: Multifactor productivity: a) remains constant b) is never constant c) usually uses substitutes as…
A: Answer: The correct answer is c) Usually uses substitutes as a common variable for the factors of…
Q: setting should b
A: Talking about the objectives then, if there are five components in the objective then, only it is…
Q: It is a technique of managerial control in which all operation are planned in advance in the form of…
A: Controlling can be described as a management role that helps to seek expected outcomes from…
Q: Explain the resource planning strategies used in operations. Identify two resource-planning…
A: Human Resource planning is an interaction that is utilized to recognize current HR and forecasting…
Q: The planning cycle is represented with six steps in our text, but in practice, it has as many steps…
A: Planning Is the first process of every organization before formulating any strategies related to…
Q: Exercise: You need to fly from one city to another. You can take airline A or B. Considering the…
A: EMV=900*0.9+900+4,000*0.1=810+490=1,300 Hence, the EMV of Airline A is 1,300.
Q: Which among the following is NOT a functional Plan? O a. Production Plan O b. Investment Plan O c.…
A: The functional plan refers to those type of plans that serve the purpose of a strategic plan. Under…
Q: concentrate no underneath three referencing circumstances and 3 opportunities for the execution and…
A: Planning This is the primary/first function of management. This step includes all of the activities…
Q: Briefly discuss the advantages and disadvantages of planning strategies. Vary the size of…
A: Solution- Strategic Planning- Planning is the process by which top management evaluate their future…
Q: Discuss any three areas in a healthcare facility where strategy implementation and control can be…
A: Three areas in a healthcare facility where strategy implementation and control can be measured are…
Q: changes to the company’s operations and then reviews the resulting revenue. What step in the…
A: Revenue is described as the income generated through primary operations like the sale of services of…
Q: Explain with practical examples four (4) problems that could prevent regulation from leading to the…
A: The resource allocation is said to be optimal when the last unit of benefit obtained by different…
Q: erial skills (conceptual, human, technical) need in order to perform his
A: Management skills are essential for an organization to succeed and accomplish its various objectives…
Q: Multi factor productivity:a) remains constant.b) is never constant.c) usually uses substitutes as…
A: Multifactor productivity is used to measure the amount of the output from different combined inputs…
Q: What are an organization's FOUR major goals for an internal control system? An organization's…
A: Internal control is the process of ensuring the effectiveness and efficiency of operations.
Q: Which of the following functions of management ensures that planned objectives set are achieved? a.…
A: Introduction Functions of Management helps an organization to run smoothly and fulfill its long term…
Q: Identify the 90% below the water level which is ‘Focus on the strategy and Structure’ where it…
A: Undetectable Organization Culture or ice-berg theory: We realize that each association or…
Q: Explain 4 purpose of planning stated below with example . 1) provide direction 2) reduce…
A: In any organization, before any activity is done, the planning part has to be completed. Once the…
Q: When decisions made regarding the day to day running of the company and its plans, this approach is…
A: Decision making can be said as the process in which the managers of a company make choices by…
Q: organizational vision and provide its output per per function. Planning (What you will achieve?)…
A: Organizational vision provide a detailed information about the organizations goal ,its present…
Q: snip
A: The objective of efficiency likely to be more central to planning in production.
Q: Briefly discuss the advantages and disadvantages of each of these planning strategies:c. Maintain a…
A: The aggregate plan is the output of sales and operations planning. The major concern of aggregate…
Q: What are the goals of controlling
A: Controlling is a management role that assists in obtaining expected outcomes from subordinates,…
Q: What is a resource bill? At what level in the planning hierarchy is it used?
A: A resource bill involves a list of resources that were needed to develop a product for selling…
Q: What would a manager recommends the CEO to evaluate processes, risks, and internal controls for its…
A: The manager needs to analyse the way of functioning prior to recommendation. A report can be…
Q: Opportunities and threats are: a) dealt with primarily in a firm's operational planning process. ()…
A: The SWOT analysis is nothing but the abbreviation for the terms Strength, Weakness, Opportunities,…
Q: What is involved in medium-term planning and control?
A: Control and planning are inextricably linked; planning entails the establishment of objectives and…
Q: Each of the following areas are within the scope of Operations Management but with the exception of…
A: Option A: - Capacity planning is a part of inventory management that refers to production planning…
Q: Which of the following main functions is basis for controlling? Select one: O a. directing O b.…
A: Controlling- It is one of the most essential functions of a manager. To seek well-planned results…
Q: Base on the picture, why is scenario planning important in the business or workplace?
A: A workplace, often known as a current workplace, is a platform where users work on activities,…
Step by step
Solved in 2 steps
- Identify and explain the major components of amarketing plan.State any 3 limitations of planning the functions of management.Wildwood Manufacturing Company is in rural Virginia involve in distribution of wood for furniture products. After a 50 years period of stable progress, Wood involves in the acquisition of other businesses which is the wood chemical industry. Later Wildwood was transformed to a distributor of a wide range of a wood furniture products and wood chemicals industry operating across United States. Later, after spending 5 years incorporating past acquisitions, decreasing expenditures and growing margins, the board of directors of Wildwood recognized that the company was ready to get on a new phase of progress and to continue the company former tactic of acquiring existing businesses which is related to their core of businesses. Subsequently, after reviewing the company strength, weaknesses, opportunities and threat, and the opportunity of generating more profit and more shareholder value, the board has decided to search for the new acquisition target that would increase the value and profit…
- Will you still go with the plan? Why? Provide customers ulo ars not loyal to you anymore. You are a business man and your business is NOT perfoming well for almost 6 months because of some unloyal customers, Then, your friends came by to see you and told you in that they will cnduct a eding progam Tampilisan. However, you found out hat the your ansuer.In what way can the government asisst bussinesses to start again?3.What are the key factors success in busines plan?
- Carry out the PESTEL analysis for the JAPAN..b. Discuss FOUR (4) elements of Porter’s theory of national competitive advantageDirection: Explain the Porter's Five Forces.1, Threat of new entrants.2. Bargaining power of buyers.3. Bargaining power of suppliers.4. Threat of substitute.5. Intensity of Competitive Rivalry.
- Mangement What are the benefits and potential challenges of long-term planning versus short-term planning?Name any three restrictions placed on the management function of planning.Chiltern Farms“[T]he beautiful valley of Vyeboom nestled between the majestic Franschhoek Mountains and theTheewaterskloof Dam is the home of Chiltern Farms, who since their establishment in 1954 havebeen growing and packing fruit for the local and international market. From humble beginningsover six decades ago the “Chiltern family” has grown the enterprise to a world class growing andpacking facility providing produce to the local and international market. This family run business,which packed is first harvest of 50 boxes of apples in 1954, now packs 1.5 million cartons of pomefruit (i.e., pears, nashi, quince) and 3000 tons of blueberries annually.Ably run by a board of directors, headed by members of the Mudge family, strong executive(EXCO) and skilled support teams the “Chiltern Family” along with their industry partnersFruitways and Berryworld SA work together to grow, pack and distribute quality produce to clientsall over the world, and uphold the vision of Chiltern – an…