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- China effectively shuts down for two weeks each year and celebrates the lunar new year. How does that resemble (or not) peak season in Western countries?In your own opinion, which is a better planning tool: benchmarking or forecasting?What is Analysis sheet and how to construct an Analysis sheet for the activities?
- What important function do senior manager normally fill on a business continuity planning team?Cologne Ltd. is a large consumer products company. The incumbent CEO of the company left and Mr. Raza, who was second in command to the CEO, took over as CEO of the company. Mr. Shamsi is a senior executive in the company and has his own views. He has after all been in the business for a decade and a half and he thinks he knows how to tackle the slump the industry is going through. He did not wasted time and talked to the new CEO and told him what he thought needed to be done in the company. The CEO heard him out and suggested that he give him some time to learn the ropes. Eventually, when he did lay out his plan, Mr. Shamsi was shocked to see all his suggestions completely ignored. When he asked the CEO about this, he responded cryptically that he wanted a team that supportedhim completely and hinted that Mr. Shamsi leave the company if he was unhappy. He actually ventured far enough to offer his assistance in finding a new job for Shamsi. Mr. Shamsi was shocked. He did not understand…A contingency plan
- Planning monitoring and control is often considered a closed system because of this. Which planning, monitoring, and control methods do managers use?(a) Analyzing the Directional strategies of NAFFCO (b) Analyzing the Portfolio Strategies of NAFFCOwhich is a better planning tool: Benchmarking or forecasting?
- What are the potential risks and uncertainties that need to be considered in long-term planning?Assignment: Evaluating Green Peace Scenario William James is a founder of a high-end Environmental protection company called Green Peace. The company did well the first couple of years, but things haven’t been good for a while now. They’re losing money, and William is not sure how much longer they can keep the doors open. As it turns out, William doesn’t have a business plan or basic financial statements. Throughout the course, you will help William with his planning to keep his business running. Preparation In this exercise, you will assume a management consultant role and advise William James on how to prioritize the four primary functions of management—planning, organizing, leading, and controlling— 1. Reflect on the activities and inter-dynamics of the four functions in the context of Green peace. 2. Select the one function that you believe is most critical for William to address and develop a plan for him to address this management gap prior to a 1:1 situation evaluation meeting.1. Roger is telling Mary the first three steps in planning an organization. In the correct order, they are ____. Writing a mission statement, creating a vision statement, and strategic planning Strategic planning, creating a mission statement, and creating a vision statement Strategic planning, operational planning, and preparing a vision statement Tactical planning, operational planning, and writing a mission statement Operational planning, creating a mission statement, and developing a hiring plan.