Which is considered as the core of planning? a. Organizing b. Decision making c. Staffing d. Controlling
Q: After implementing a plan and giving his sales staff specific sales targets to achieve each month,…
A: The correct option is option a. Provides direction
Q: Opportunities and threats are: a) identified as part of the firm's tactical planning process. b)…
A: A business organization is surrounded by macro and micro-environment that affect the business…
Q: In creating business plan, which is the more important– form ir substance?
A: In order to fund their new firms, founders frequently max up their credit cards or seek out second…
Q: Organizing process involves determining what work is needed to accomplish the goal, assigning those…
A: Management Management is the process of Planning, Organizing, Staffing, Directing, and Controlling…
Q: Mbambo Denk Tjiueza Corporation wants to start their own business and they are in a hurry. They have…
A: Marketing is the practice of exchange of the value between customers and company. It includes…
Q: type of people involves and planning tools.
A: My suggestion for his number 2 involves 5 elements: What do you wish to accomplish with your plan…
Q: True or False Operational plans are plans that outline alternative courses of action that may be…
A: Business management is the process of coordinating and organizing the activities of the business to…
Q: 1. If you are the manager of the ABC Company how would you plan your organization? Explain all the…
A: "Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: Which section of a business plan outlines a management summary of the projected business?Choose one…
A: Meaning of Business Plan A business plan is a written document in which all the basic ideas on which…
Q: Operational plans are shorter-term plans for implementing specific aspects of the company's…
A: The mission of an organization is the starting point for strategic planning. A strategy outlines the…
Q: nt, plans are only effective if implemented properly. How do organizations perform planning…
A: Planning is the way toward contemplating the exercises needed to accomplish an ideal objective. It…
Q: b.What are the risks associated with recruiting staff that one should take into consideration during…
A: Note: We are authorized to answer only one question at a time. Since it is not mentioned which…
Q: Why is planning important to the organization?. a. Planning controls the external factors b.…
A: Planning is a management function that helps in deciding the sequence of activities for achieving…
Q: Which of the following best describes a collection of projects, programmes and other work grouped…
A: A portfolio is a way to evaluate, arranged and organized the elements in the proper manner. It helps…
Q: 1. Financial planners work a) Independent of other departments c) Only with the production…
A: 1) Financial planners work (B) In coordination with all departments. 2) (B) Mission conveys the…
Q: prove or disapprove the statement planning is everyone's job in the organization including those in…
A: Planning is the process by which the objectives are determined and the methods and resources to…
Q: Which level of management is mostly responsible for day to day planning? A. Top level managers B.…
A: B) Supervisory Level The supervisory or operative level of management is sometimes known as the…
Q: Organising as a function of management involves deciding - (a) What activities and resources are…
A: Management functions look up to the activities that lead the business to the roadway of the…
Q: _____ is the process of deciding things in advance. a. Organizing b. Controlling c. Planning d.…
A: Decision making is the psychological cycle of looking over a bunch of choices. Each dynamic…
Q: avoid the typical disconnect between planning and implementation
A: Planning is the forward-looking management function that involves setting goals and objectives to…
Q: they planned for a year. Identify the most suitable option for the type of plan. O a. Contingency…
A: The correct option is c, that is operational plan. Operational plan defines every task and methods…
Q: You are the CEO of BMW motors. Due to severe competition in other markets, you are in search of a…
A: “Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: The management function that involves assigning work to every individual at every level of…
A: Managers are the one who manages the operation and other stages of making a product or services.…
Q: BUSINESS PLANS HAVE THE FOLLOWING PARTS: - MISSION STATEMENT (DONE IN PART 1!) - COMPANY BACKGROUND…
A: A business plan is a written document that details how a company—typically a startup—defines its…
Q: he strategic management process is a. a set of activities that will assure a temporary advantage…
A: Strategic Management Strategic management refers to the actions and associated procedures that are…
Q: General introduction about the communication and decision making in management for a report?
A: In order to make a report it should be relevant and easy to understand and interpret it is…
Q: Suppose a colleague of yours is gearing up to write a business plan for a business she intends to…
A: A business idea is about a product or service. Thus, the most important part of a business plan is…
Q: Management considers various factors such as the goals and strategies of the firm, its size, and the…
A: Organizational design is related with the structuring process of an organization, which determines…
Q: Policies, rules, procedures are examples of Standing plans. Select one: O True False
A: Standing plans are devised to address the functioning of recurring plans over a period of time. In…
Q: Opportunities and threats are: a) identified as part of the firm's tactical planning process. b)…
A: Every company has to evaluate its strength and weakness before launching a product or service in the…
Q: Resources are always scarce in organizations, and managers need to make sure the resources they have…
A: Selecting a model by using the right approach will help in completing the work with efficiency, so…
Q: A manager who wants to make changes in the existing plan being implemented can do so in which…
A: Organizing Function: It is the function of management which are designed to develop the…
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: a. Management decides to increase sales growth by 20% next year. b. Management analyzes the impact…
A: First all of let me give you a small explanation of Planning, Directing and Controlling . Planning…
Q: job of a managing director, creative director and a ceo
A: Job – The term “job” refers to the group of activities that must be do by an individual for…
Q: Why is it very important to properly present the results of your analysis in a report?
A: Analysis is the way toward breaking an intricate subject or substance into more modest parts to…
Q: Middle level managers are responsible to prepare: O a. Strategic plan O b. Intermediate term plan O.…
A: An organization involves three levels of manager middle, lower, and top-level who are responsible to…
Q: ________ is defined as monitoring performance, comparing it with goals, and taking corrective action…
A: Concept Introduction Management aims to utilize the resources of a firm in an effective way in order…
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: Establishing Objectives and Goals is the second step in the process of: a. Planning b. Directing c.…
A: A company's goal is to attain a specific result, which is referred to as a business objective. It…
Q: Without planning, the process of lacks a framework for measuring how well things are going and what…
A: Project refers to tasks or activities that are done in order to achieve goals and objectives or to…
Q: Write a simple introduction to Organizing Provided that the statement contains a brief discussion of…
A: The strategic approach to the efficient and effective management of employees in an organization is…
Q: As a manager, you are planning to write an annual report on various activities of your organization,…
A: Annual report is a comprehensive and in-depth overview of the financial statement and business…
Q: Executive summary :1-2 paragraph of summary of your plan Situation analysis This section presents…
A: Situational analysis is a strategic action taken where the evaluation of the internal and the…
Q: Which statement is not true regarding planning? a. All managers continuously make plans b. Plan is…
A: The manager is the person who is accountable for all the things that are happening in the…
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- The major reason for the planning to be considered as the primary function is because it: a. Guarantees the profit of the company. b. Provides the basis for the rest of the management functions. c. Does not include future action and it is easy to formulate. d. Involves only solving previous problems faced by the company.9 _________is a continuous process which helps in planning, coordination and control. a. All of these b. Budgetary control c. Budget d. BudgetingWhich of the following is the correct sequence in which cost management information is developedand used?a. Business events, data, information, analysis, decisionsb. Business events, data, analysis, information, decisionsc. Business events, information, analysis, knowledge, decisionsd. Business events, data, information, knowledge, decisions
- 33 The business function is defined as "planning, organization, execution, coordination and control activities in order to bring together the materials, machinery and human resources in the hands of the enterprise in a way that will ensure that a certain amount of goods or services are produced at the desired quality, at the desired time and at the lowest possible cost". which one? a) Production B) Financing NS) Human Resources D) Marketing TO) managementIn order to generate a useful aggregate plan a number offeatures are required. This should include:a) A logical unit for measuring sales and output.b) A demand forecast for the intermediate planning period.c) A method to calculate the relevant costs.d) A model that combines forecasts and cost so schedulingdecisions can be made for the planning period.e) All of the above.21) It is the core executive team, CEO, COO, and CTO, that makes decisions on strategy. True or False? True False
- Which of the following management function is concerned with comparing the set objectives and the actual performance? a. Directing b. Controlling c. Organizing d. PlanningFlora is comparing the monthly budget to actual revenues and expenses. Flora is engaged in the function. A coordinating B. directing C. controlling D. planning E. organizingOperational plans are shorter-term plans for implementing specific aspects of the company's strategic plans. Select one: True False
- 27) A company’s corporate office has to decide between investing capital in a given business as it in a high growth industry or divesting that business given its current low market share. The company business is represented by which of the following? a) A star b) A question mark c) A cash cow d A dog38-An elementary description of things, events , activities, and transactions is: O a Knowledge b Database Oc .Information O d. Data ItemWhat is Budget Vs. Actual? Why is it Important? What Causes the Variance? What is the implication of having a good variance-analysis in the company?(10 sentences)