Which of the following functions of management ensures that planned objectives set are achieved? a. Directing b. Organizing c. Controlling d. Planning
Q: Why is outlining goals or objectives is important in implementation plan
A: Goals are broad statements that describe what you want to accomplish in your community. They're…
Q: Which one of the following budgets would be prepared fırst? O Sales budget O Cash budget O Budgeted…
A: The correct answer is
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: 9- The process of allocating and arranging both human and other resources through a formal…
A: There is a defined set of management process which helps in the development of organizational…
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: 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: We have great need of a science in planning in order to determine what is a science of planning 1.…
A: Science is the very key term to do planning in every aspect so it is a necessary theory to do work…
Q: .Explain the steps in the planning process in detail.
A: Planning is the process of deciding what to do, how to do and by whom it is to be done to achieve…
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: ch of the following statements in true with reference to principles of management? a) The Principles…
A: Principles of management are the rules and regulations that help an organization to work effectively…
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: 5) Implementation of planned decisions and evaluating performance is classified as: a. Evaluation b.…
A: Controlling
Q: What is Contingency Plans, Scenario planning, Participatory planning, Linear Programming,…
A: A Small Introduction about Operation Management Operations management (OM) is the organization of…
Q: Objectives can be set in areas like ____________. Select one: a. Capital b. Cost c. Coordination d.…
A: Objectives are very detailed, time-based, quantifiable activities that help in the accomplishment of…
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: Two managerial functions identified by the French Industrialist, Henry Fayol in the early 1900s are…
A: Two managerial functions identified by the French Industrialist, Henry Fayol in the early 1900s are…
Q: Briefly describe the planning techniques listed as follows, and give an advantage and…
A: The aggregate plan is the output of sales and operations planning. The major concern of aggregate…
Q: Because of this, planning, monitoring, and control are
A:
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: (5) Roles and responsibilities are defined in - (a) Planning (b) assigning (c) controlling (d) none…
A: There are several functions in management that help the organization to attain positive results. It…
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: Which of the following statement is aSMART goal? Increase employees in two years.…
A: Goals are essential for each part of business/life and give an ability to know east from west,…
Q: Ms. Khadija is predicting the sales for the next three years with a help of her staff members. Which…
A: The management function performed by Ms. Khadija is Planning.
Q: The entire McKinsey 7-S framework is oriented around the concept of Option- a. key capabilities b.…
A: The entire McKinsey 7-S framework is oriented around the concept of Option
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: What does it mean to state that for variance analysis to be effective, it shouldresult in better…
A: Before we get into the question, it's important to understand what variance analysis is. Analysis of…
Q: 10. Bochie's samgyupsal restaurant is now experiencing low sales because it is rainy season and he…
A: Selling occurs when goods and services are transferred to a buyer who is in need of them. Sales…
Q: Which type of plan is used for one time or for an event only? a. Strategic Plan b. Contingent Plan…
A: Correct answer is Single use plan. That is, Option d. Single use plan are the specific plans which…
Q: type of plan
A: “Planning is the systematic management of resources and priorities,” says the author.Despite the…
Q: identify whether each of the following is strategic or tactical. Give your reasoning for each…
A: A,) Tactical: Negotiating a sale price with an individual customer is a tactic as it is a short-term…
Q: What are the differences among a pervasive control plan, a business process control plan, an…
A: The control process is described as a process of management through which business activities move…
Q: Absenteeism, unmet targets, are signs of poor operational and strategic decisions Select one: True…
A: Strategic decisions refer to those decisions that are generally concerned with the entire…
Q: Mr. Raheem, the marketing manager of Orphic company prepared a plan showing the expected expenses of…
A: Plan: The plan is an important aspect of managerial function which involves setting targets, framing…
Q: any relationship is defined in the following pattern: Select one: a. Observer b. Strategy
A: A one-to-many connection between two entities is one in which each instance of the parent entity…
Q: n which product life cycle the scope, schedule, and cost are determined early, and changes to scope…
A: A product life cycle is the period of time between when a product is introduced to the market and…
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: All of the following is related to the planning function of management except: O a. Budgeting O b.…
A: Ans: B (None of the given answers)
Q: Discuss the following statement: "Planning would be impossible without assumptions.
A: Planning can be defined as the process of planning activities that are required to attain the…
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: In the managerial hierarchy of decision making, _______ is depicted at the top-most level because it…
A: A tactic short series of actions with the purpose of achieving a short-term goal. This action can be…
Q: A newly appointed manager should start with which of the following? Start with the controlling…
A: In every organization, there are a number of employees who work according to their roles and…
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: 1. In one sentence, state the concept of planning. 2. In one sentence define planning. 3. Do the…
A: As per the question, we have to answer the questions stated directly. The answers are as follows:
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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- 1) Which of the following translates business plan into productionplanningAPPMPSMRPNone of the Above2) Master production schedule is a medium-range planning and it isused for quantity and timing ofcomponents and raw materialFinished goodsBoth A & B3) The manufacturing strategy which deploys hiring and laying ofworkers in order to match its production rate to demand is calledLevel Production StrategyChase Production StartegyHybrid StrategyNone of the above4) "In a level production strategy, if the firm makes annual 120,00units per annum, the permonth production can be estimatted by""120,00 /12""120,00 / 365"The information is not complete5) The Bill of material is an engineering documments that showsinclusive listing and sub-components to be used for end productTRUEFALSE6) A lead capacity usually increases or decreases its capacity in anticipation of demand, this is known as "Match strategyLead Capacity StrategyLag capacity strategy7) The most important output of MRP isBOMPlanned…7 Which of the following is the business function that serves the purpose of providing the funds necessary for the businesses to achieve their objectives and using these funds appropriately? a) Marketing management B) accounting management NS) Accounting audit D) Financial management TO) Production managementThe Deferred Revenue account is shown in which statement? Multiple Choice 1.Balance sheet 2. Statement of stockholders' equity 3.Income statement 4.Statement of cash flows Don't use chatgpt,I will 5 upvotes
- The strategic management process is: a. A decision-making activity concerned with a firm’s internal resources, capabilities, and competencies, independent of the conditions in its external environment. b. The full set of commitments, decisions, and actions required for the firm to achieve above-average returns and strategic competitiveness. c. A process directed by top-management with input from other stakeholders that seeks to achieve above-average returns for investors through effective use of the organization’s resources. d. A set of activities that will assure a temporary advantage and average returns forthe firm.I. To make goal setting effective and worthwhile, the goals should be specific, objective and verifiable. II. In conservative strategy, credit sales decrease, collection rate increase, AR balance decrease, bad debts decrease and collection expense decrease.III. The indispensable 5Cs of credit shall be followed in credit policy. What statement(s) is/are true? A. I, II, III B. I, II C. I, III D. II, III E. Only I F. Only II G. Only III H. None(d) Investigate what accounted for the success or failure of each example stated in ‘b’ above and provide superior recommendations that would have helped such companies in those Instances to achieve their objectives.
- 12- Mr. Khalid is responsible for managing the marketing department. He develops marketing plan and reports to the general manager of the company. We can say that, Mr. Khalid belongs to the _______. a. Supervisor management b. Senior level management c. Middle management d. Top managementIn the event of different endeavors income emerging from revenue paid ought to be named cash stream from ________ while profits and premium got ought to be expressed as income from ____. a) Operating exercises, financing exercises b) Financing exercises, contributing exercises c) Investing exercises, working exercises d) None of the abovementionedWhich level of management is mostly responsible for day to day planning? A. Top level managers B. Supervisory level managers C. Planning committee level D. Middle level managers.
- 11. If an IS organization is viewed as a cost center/service provider, its strategic planning process is typically directed inward and focused on determining how to do what it is currently doing but doing it cheaper, faster, and better. a. True b. False 14 The strategic plan of an information system (IS) must identify those technologies, vendors, competencies, people, systems, and projects in which an organization will invest to support the corporate and business unit strategies. a. True b. False 16. The release of a new and more powerful mobile computing device or data-crunching software package can influence the strategic plan of an information system. a. True b. False21) Which of the following is not popular in the present business scenario? a. Balance sheet b. None of the options c. Statement of changes in Equity d. Income Statementd iscuss the potential consequences of setting goals that are too ambitious or unrealistic in management