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- 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.Creative Homework/Short Project An important part of planning is aSWOT analysi.s.. understanding an organization's strengths. weaknesses.opportunities. and threats. Prepare a SWOT analysis for Panera Bread thatincludes three or four items in each of the four SWOT categoriesWhich of the following functions of management ensures that planned objectives set are achieved? a. Organizing b. Planning c. Controlling d. Directing
- FAST PLZ 20-A newly appointed manager should start with which of the following? Start with the controlling function as this is what a manager does Start with planning as all the management functions are based on it Start with the organizing function as the manager is new Start with the directing function as the manager is new1. Which of the following is a strength of top-down planning?Group of answer choices Identifies changes in the planing environment and can adjust to them Focuses on short-term problems Uses current technologies Produces incremental improvementsOpportunities and threats are: a) identified as part of the firm's tactical planning process. b) factors that are external to the firm but can still affect its performance C) factors that are internal to the firm and those over which the firm has a great deal of control. d) dealt with primarily in a furm's operational planning process.
- 11- Select the importance of Decision analysis as suggested by Peter F. Drucker. a. To let one functional area of business to dominate b. Dividing work into unmanageable units c. Number of layers in organization structure d. Dividing smaller units into whole workThe head of the department of a manufacturing organization is expected to lead the monthly production meeting. Explain how will be planning the meeting.explain?Appraising Performance, Goall Setting ( Management by Objectives) how effective is this method within and organization?
- Effective planning is not merely a static process but rather an ongoing and iterative cycle. It involves continuous monitoring and feedback loops that allow for adjustments and refinements as circumstances evolve. This iterative nature is essential for staying responsive to changes in the environment, whether those changes are internal or external to an organization or an individual's goals. Through regular reviews and assessments, planners can identify emerging trends, reassess priorities, and make necessary modifications to their plans. This iterative approach also promotes a learning culture, where insights gained from previous planning cycles inform future decisions. It allows for the incorporation of new information and experiences, enabling planners to adapt strategies in a dynamic and ever-changing landscape. In essence, the iterative nature of planning serves as a mechanism for resilience, enabling individuals and organizations to navigate uncertainties and pursue success with…All the following are characteristics of planning except : a. Old plan should not be changed b. Based on real information and data с .It must be done first before any other function d Require high imagination and intelligence levelwhat is the meaning of planning techniques and tools - forecasting - contingency planning - scenario planning - benchmarking - use of staff planners] - participation and involvement - management by objective (MBO)