Which of the following terms is used to describe the process of developing the organization’s objectives and translating those into courses of action? a.planning b.improving c.supervising d.decision making
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Which of the following terms is used to describe the process of developing the organization’s objectives and translating those into courses of action?
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- Which of the following are basic phases of the management process? a.supervising and directing b.planning and controlling c.decision making and supervising d.organizing and directingWhat is the beginning & end function of management process? a. Directing & Controlling b. Staffing & Directing c. Planning & Controlling d. Planning & StaffingDistinguish between organisational types. Identify their key stakeholders and evaluate their need and influence.
- Name the function of management which involves making decision in advance? a. Staffing b. Organizing c. Directing d. PlanningScenario building is an extension of: O a. flexible goal setting. b. management by objectives. Oc. operational planning. O d. crisis planning. e. contingency planning.Explain how copmany approch to planing and its mission can be translated inti action plans
- Identify the type of outputs produced by the management information system. a. Projections, query responses b. Special reports, decision analyses c. Summary reports and those that contain any advese situation that may arise2. A manager that is establishing objectives (strategic or operational) is performing which management function? a. Controlling b. Directing c. Planning d. ConstrainingQUESTION ONE Planning sets in motion activities to accomplish the planned objectives. Control functions direct and monitor activities for deviations from plans (i.e., attainment of objectives). Planning uses feedback from controls to improve/alter plans and implement corrective actions where necessary. Required: A. Discuss Management by Objectives (MBO) and explain how MBO can contribute to planning of work. B. Explain the MBO cycle and give the Strengths and Limitations of (MBO). C. A company manufactures a single product. Budget and standard cost details for next year include: Selling price per unit $24.00 Variable production cost per unit $8.60 Fixed production costs $650,000 Fixed selling and distribution costs $230,400. Sales commission 5% of selling price Sales 90,000 units Required: I. Calculate the break-even point in units. II. Calculate the percentage by which the budgeted sales can fall before the company begins to make a loss. The marketing manager has suggested that the…
- Which of the following statement doesn't describes the organizational vision: Select one: O a. It is the values of the organization O b. It is an approach to the organization stakeholders O c. It is an overall direction for the organization d. It is the core purpose which guides the organizationDefine goal congruence, and explain why it is important to an organization’s success._____ management exists to provide advice and assistance to those responsible for attaining the objectives of the organization. A. Staff B. Risk C. Functional D. Line