Edwin recently graduated with his honours qualification in Financial Management and wants to open up his own catering company, however, he realised that he needs ‘man‐power’ for his business to run successfully. Questions 1. Explain to Edwin the importance of planning in an organisation. Provide relevant examples to support your discussion. 2. Explain to Thabang the activities involved in human resource planning

Edwin recently graduated with his honours qualification in Financial Management and wants to open up his own catering company, however, he realised that he needs ‘man‐power’ for his business to run successfully. Questions 1. Explain to Edwin the importance of planning in an organisation. Provide relevant examples to support your discussion. 2. Explain to Thabang the activities involved in human resource planning

Understanding Management (MindTap Course List)

10th Edition

ISBN:9781305502215

Author:Richard L. Daft, Dorothy Marcic

Publisher:Richard L. Daft, Dorothy Marcic

ChapterP3: Part 3: Integrative Case

Section: Chapter Questions

Problem 3IC

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What did you learn about some of the real benefits and limitations of planning by watching this video?
When the idea first occurred to her, it seemed like such a win-win situation. Now she wasn't so sure. Marge Brygay was a hardworking sales rep for Inspire Learning Corporation, a company intent on becoming the top educational software provider in five years. That newly adopted strategic goal translated into an ambitious, million-dollar sales target for each of Inspire's sales reps. At the beginning of the fiscal year, her share of the sales department's operational goal seemed entirely reasonable to Marge. She believed in Inspire's products. The company had developed innovative, highly regarded math, language, science, and social studies programs for the K— 12 market. What set the software apart was a foundation in truly cutting-edge research. Marge had seen for herself how Inspire programs could engage whole classrooms Of normally unmotivated kids; the significant rise in scores on those increasingly important standardized tests bore Out her subjective impressions. Bur now, just days before the end of the year, Marge's sales were $1,000 short of her million-dollar goal. The sale that would have put her comfortably over the top fell through due to last-minute cuts in one large school system's budget. At first, she was nearly overwhelmed with frustration, but then it occurred to her that if she contributed $1,000 to Central High, the inner-city high school in her territory probably most in need of what she had for sale, they could purchase the software and put her over the top. Her scheme would certainly benefit Central High students. Achieving her sales goal would make Inspire happy, and it wouldn't do her any harm, either professionally or financially. Making the goal would earn her a $10,000 bonus check that would come in handy when the time came to write out that first tuition check for her oldest child, who had just been accepted to a well-known, private university. Initially, it seemed like the perfect solution all the way around. The more she thought about it, however, the more it didn't quite sit well with her conscience. Time was running out. She needed to decide what to do. 1. Donate the $1,000 to Central High, and consider the $10,000 bonus a good return on your investment.
Define and describe the different types of plans defined in Table 17.1 and how organizations use them.
What do you think are some of the difficulties of adding 25 percent more employees for the holiday season? what kind of planning do you think would be needed?
1- Which of the following functions of management ensures that planned objectives set are achieved? a. Directing b. Organizing c. Controlling d. Planning
3. Discuss one of the following tools that can be used in the planning process: a) the Gantt chart, b) the CPM or critical path method, or c) management by objectives (MBO).4. Describe the steps that make up the planning process.
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.
What are the barriers to effective planning and how the organisation can overcome them? Asap in 20 minutes
What are the barriers to effective planning and how the organisation can overcome them? Answer in 20 minutes
1. How important is planning to organization managers? 2. How do you plan to reach your goals?
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Mangement Planning is a fundamental process that helps individuals and organizations chart their course, set goals, and allocate resources effectively. Whether it's personal life, business ventures, or even large-scale projects, a well-thought-out plan is often the key to success. It involves assessing the current situation, defining objectives, identifying potential obstacles, and devising a strategy to achieve desired outcomes. Question: How do you prioritize tasks and make sure your planning process remains adaptable in the face of unforeseen challenges?