Business Studies, asked by rajiv834936, 5 months ago

Arush joins as a sales manager of a company dealing in naturotherapy products. Being proficient in his work, he knew that without good planning he will not be able to organised, direct, control or perform any of the other managerial functions efficiently and effectively. Only on the basis of sales forecasting, he would assist in the preparation of the annual plans for its production and sales. Besides, he will have to prepare sales plans regularly on weekly, monthly, quarterly and half yearly basis. While preparing the sales forecasts, he undertakes intellectual thinking involving foresight, visualization and issued judgement rather than wishful thinking or guess work. Most importantly, all these planning activities will be meaningful only if they will coincide with the purpose for which the business is being carried out.In context of the above case, identify and explain the various features of planning highlighted in the above paragraph. (OR ) Alfa Ltd. was dealing in renewable energy services. To get the business, the team leader and his team used to travel to different states to give presentations to the clients. As per the policy of the company, the team leader used to travel by air whereas his team travelled by road/train. It was not only time-consuming but also forced the female team members to travel alone at times.As a result, the subordinates were not acting in a desired manner to achieve the organisational goals. The CEO of the company came to know about it. He called the team leader, discussed the matter with him and decided to change the travel policy of the company. It was decided that in future, all the members including the leader would travel together and usefully utilize the travelling time in discussion about the presentation to be given to the clients. This made a positive impact and every member of the team started acting in a manner as desired by the team leader. Which element of the function of management used by the CEO? Write and explain any four features of it.​

Answers

Answered by subhashkhanchi
17

Answer:

features of planning:

1 . planning focuses on achieving objectives: specific goals are set contributes to the achievement

2. planning is is the primary function of management it provide the basis of all other functions of management all other managerial functions are performed within the framework of the plans drawn

3. planning is futuristicplanning is essentially involves looking ahead and preparing for the future

4. planning involves decision making:among various alternative courses of action

5. planning is mental exercise

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