‘Sudeep Technology’ deals in bulb manufacturing business. It plans for a successful
year of production and sale this year. It has in advance given targets to all its
departments and employees. The departments and employees are happy about this.
They know that now they won’t have to do unconcerned activities thus leading to
more focused approach resulting in saving of resources. The company is thinking of
starting two new plants in the southern portion of India. For this some concrete plan
has to be made. The main core team of the company has decided to weigh all the
options and then choose the best one. The road might be long but the company is
geared to face all the challenges.
In the above case identify importance of planning highlighted.
Answers
Answer:
It plans for a successful year of production and sale this year. It has in advance given targets to all its departments and employees.
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Answer:
Planning states in advance what is to be done. It defines the goals and objectives to be achieved. These goals and objectives as stated in the plan gives direction to the managers about what course of action is to be followed for achieving them.
Planning provides a guide for action. Plans can direct everyone's actions toward desired outcomes. ...
Planning provides a guide for action. Plans can direct everyone's actions toward desired outcomes. ... Planning improves resource utilization. ...
Planning provides a guide for action. Plans can direct everyone's actions toward desired outcomes. ... Planning improves resource utilization. ... Plans provide motivation and commitment. ...
Planning provides a guide for action. Plans can direct everyone's actions toward desired outcomes. ... Planning improves resource utilization. ... Plans provide motivation and commitment. ... Plans set performance standards. ...
Planning provides a guide for action. Plans can direct everyone's actions toward desired outcomes. ... Planning improves resource utilization. ... Plans provide motivation and commitment. ... Plans set performance standards. ... Planning allows flexibility.