The top management develops the following type of plans: Select one: O a. tactical plans O b. operational plans O c. all of the above O d. strategic plans
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- Al-Mazoon Company is producing Milk products in Oman. The top management sets a production target of selling minimum 2000 litres of milk products by the end of June 2021. Identify which management function is performed by the company? a. Organizing b. Planning c. Controlling d. DirectingThe process of setting goals and establishing guidelines for meeting them is called: a. Planning. b. Supervising. c. Evaluating. d. Managing.Establishing Objectives and Goals is the second step in the process of: a. Planning b. Directing c. Leading d. Organizing
- Goal Setting and Planning General FrameworkOutline the importance of goal setting in planning and the characteristics of well-defined goals.Individual Components1. Discuss Miles & Vergen’s landmark study into goal setting and the three conditions theyidentified to be satisfied to ensure best practice in goal setting2. Discuss Management by Objectives3. Discuss contingency factors which influence a manager’s approach to planning4. Discuss different types of plans29) Executive Support System is a O A) Transactional needs of the organization B) Long-range planning systems for senior management C) Knowledge and data workers in an organization O C) Decision making and administrative activities of middle managers3. 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.
- The planning method is changing and evolving over time, as are all facets of good management. Think of an organisation, whether your workplace or your college or university, you are reasonably acquainted with. Choose one of the following four strategy methods and describe how the organisation will successfully utilise the selected plan method to increase its success in a volatile climate. Decentralized schedule Extend goals Dashboards output Teams with intelligenceA plan is prepared that is long-term in nature and it was decided what activities will be done for achieving the plan. It was also decided how many employees will be needed, capital for achieving goals, and what type and how big of an office or land is needed for achieving this plan. Which hierarchy of plan is discussed? a. Strategy b. Procedures c. Policies d. Objectives1. The Importance of Planning: 000 Planning is a fundamental aspect of achieving goals and objectives. Whether in personal endeavors or professional projects, a well-thought-out plan provides a roadmap for success. It helps in organizing tasks, allocating resources efficiently, and anticipating potential challenges. Without a solid plan, individuals and organizations may find themselves navigating through uncertainty and facing unnecessary hurdles 2. Strategic Planning in Business: In the business world, strategic planning plays a pivotal role in shaping the future of an organization. It involves setting clear goals, identifying key performance indicators, and formulating strategies to achieve them. A well-crafted business plan not only guides day- to-day operations but also facilitates adaptability in a dynamic market. How do successful businesses strike a balance between detailed planning and the need for flexibility in today's fast-paced environment? 3. Personal Planning…
- 10- Which is the option that means effectiveness as proposed by Peter F. Drucker? a. Ability to set the right goals b. Ability to choose the goals c. Ability to do the things right d. Ability to do the right things9.A manager has a clear knowledge of where the company needs to be at the end of the coming year and is in the process of identifying the goals that would lead the company to that desired position. Which stage of the strategic management process is being illustrated? A.Formulation B.Implementation C.Evaluation D.Objectives1. Discuss the concept strategic management implementation. 2. Discuss the concept of strategic management planning or formulation.