WorksheetsPlan O
Total questions: 20
Worksheet time: 7mins
Plans that are used again and again, focusing on managerial situations that recur repeatedly
Single-use
Budget
Program
Standing
One of the planning barriers
lack of commitment
lack of insight
too much reliance on planning unit
focus on present at expense of future
A group created for a short-term purpose and have limited life
Ad hoc
Staff authority
Line authority
Functional authority
It provides written descriptions of authority and functions of major organizational units
Organization Chart
Organization Manual
Policy Manual
Policy Handout
It refers to the arrangement of the relationship of positions within an organization
Chain of command
Authority
Protocol
Structure
A type of organizational structure where each employee reports to both a functional or division manager and to a project or group manager.
Functional organization
Market organization
Geographical organization
Matrix organization
A plan which sets forth the projected expenditure for an activity and explains the source of funds.
Project
Program
Event
Budget
A document that states the quantity of output a company must produce in broad terms and by product family
Marketing plan
Operations plan
Production plan
Financial plan
Plans that describe the exact series of actions to be taken in a given situation.
Rules
Regulations
Procedures
Policies
The third step in planning process is
Determining the resources needed
Setting the standards
Developing strategies or tactics
Setting the organizational, division or unit goals
One of the characteristic of Strategic planning is
It is undertaken by middle management
It describes how specific task can best be accomplished
it ranges from 6 months to 2 years
the entire company is involved so the prime target is to achieve the objectives.
It provides the scientific way of achieving desired results
Planning
Strategies
Documentation
Plan
One of the advantage of a product or market organization is
the structure promotes high quality technical problem solving
it is easy to identify which section or group is responsible for certain problems
the grouping permit economies of scale and efficient use of resources.
the organization provides excellent coordination across functional departments
One of the disadvantage of a matrix organization is
There is a tendency for power dominance by one group or unit
There is less top management control
There is a limited view of organizational goals by employees
There is less technical depth and specialization in divisions
A single-use plan that is usually more limited in scope and as a support to a program
Event
Budget
Program
Project
The types of planning according to management level are
Stratified, International, Optional
Strategic, Intermediate, Optional
Situational, Intermediate, Operational
Strategic,Intermediate, Operational
These are broad guidelines to aid managers in making decisions about recurring situations or function.
Organizational Chart
Line and Staff authority
Committee reports
Company policies
The two aspects which an organizational structure indicates or signifies are
line and staff
authority and responsibility
departments and divisions
upward and downward
The two types of organization based on their formation or establishment are
Functional and Matrix
Simple and Complex
Legal and Illegal
Formal and Informal
Which is not a type of plan included in the Business Plan
Marketing plan
Financial plan
Contingency plan
Production plan
