In a classroom Mr. John is teaching the students about the planning function of
management. He tells them that without good planning a manager will not be able
to organise, direct, control or perform any other managerial functions efficiently and
effectively. Sales forecasting would assist them in the preparation of annual plans for
production and sales. He shares with them that sales plans must he prepared
regularly on weekly, monthly, quarterly and half yearly basis. He emphasizes the role
of intellectual thinking, involving foresight, visualisation and judgement while making
plans, rather than wishful thinking or guess work. Students are told that all planning
activities will be meaningful only if they lead the organisation to the purpose for which
the business is being carried out. On the basis of the given information about Mr.
John, answer the following questions:
Identify the various features of planning highlighted in the above paragraph by
quoting lines from it.
Answers
Answer:
1.planning function of management - He tells them that without good planning a manager will not be able to organise, direct, control or perform any other managerial functions efficiently and
effectively.
2. preparation of annual plans for production and sales - He shares with them that sales plans must he prepared regularly on weekly, monthly, quarterly and half yearly basis. He emphasizes the role of intellectual thinking, involving foresight, visualisation and judgement.
3.Plans should be rather than wishful thinking or guess work. Students are told that all planning
activities will be meaningful only if they lead the organisation to the purpose for which
the business is being carried out.
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