BMNG5121: Planning Function

What is the main purpose of planning in the management process?

• To set goals for the organisation

• To control all aspects of the organisation

• To replace intuition with formal plans

• To eliminate the need for creativity

Which function is NOT part of the POLC framework for management?

• Communicating

• Leading

• Organising

• Planning

What is the primary benefit of planning according to the text?

• Provides direction

• Creates rigidity

• Reduces management time

• Limits creativity

Which type of planning focuses on day-to-day activities and short-term goals?

• Strategic planning

• Tactical planning

• Operational planning

• Functional planning

What is the purpose of Management by Objectives (MBO) technique?

• To integrate individual and organisational goals

• To limit communication within the organisation

• To eliminate all individual goals

• To discourage employee progress

Which aspect of planning involves create different plans for evaluation and comparison to the original plan?

• Establishing goals

• Selecting a plan

• Implementing the plan

• Developing alternative plans

What is the main focus of tactical goals and plans?

• Implementing operational plans

• Dealing with external factors

• Setting medium-term goals associated with strategic goals

• Achieving strategic goals based on tactical plans

Which type of strategy involves acquiring direct competitors?

• Corporate Combination Strategy

• Internal Growth Strategy

• External Growth Strategy

• Turnaround Strategy

What is the purpose of operational plans?

• Achieve short-term goals

• Only achieving long-term goals

• Focus on day-to-day activities

• Implement strategic goals

Which statement best describes the nature of goals in an organisation?

• Goals are publicly stated and short-term

• Goals flow directly from the mission statement

• Goals are irrelevant to the planning process

• Goals are only developed by top-level managers