Limitations of Planning
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What Is Decentralisation and Its Importance?
F Ltd. was engaged in the business of food processing and selling its products under a popular brand. Lately, the business was expanding due to good quality and reasonable prices. Also with more people working, the market for processed food was increasing. New players were also coming to cash in on the new trend. In order to keep its market share in the short run, the company directed its existing workforce to work overtime.
But this resulted in many problems. Due to the increased pressure of work, the efficiency of the workers declined. Sometimes, the subordinates had to work for more than one superior resulting in declining efficiency. The divisions that were previously working on one product were also made to work on two or more products. This resulted in a lot of overlapping and wastage. The workers were becoming indisciplined. The spirit of teamwork, which had characterised the company previously, was beginning to wane. Workers were feeling cheated and the initiative was declining. The quality of the products was beginning to decline and market share was on the verge of decrease. Actually, the company had implemented changes without creating the required infrastructure.
Explain these principles in brief.
(i) Division of work
(ii) Unity of command
(iii) Unity of direction
(iv) Discipline
(v) Order
(vi) Initiative
(vii) Remuneration
(viii) Esprit de corps
Planning is done by the top level managers and rest of the members follow them blindly.
True
False
The authority-responsibility relationships that exist within the organisation give rise to____.
The scope of authority _________ as we go higher up in the management hierarchy.
Increases
Remains the same
None of the above
Decreases
What Are the Types of Decentralization?
What are the steps taken by management in the planning process?
Why are the rules considered to be plans?
'Planning is not a guarantee of success of a business.'
False
True
Name the process which coordinates human efforts, assembles resources and integrates both into a unified whole to be utilised for achieving specified objectives.
Explain the first three steps in the process of 'planning'.
State any three limitations of planning.
Which function of management ensures a manager that activities in an organisation are performed as per plans? Name and state some points of its importance.
Identify the type of organisational structure which facilitates occupational specialisation.
Functional structure
Network structure
Divisional structure
Horizontal structure
Name the type of plan which provides the broad contours of an organisation's business.
This type of organisational structure is most suitable when the size of the organisation is large and has diversified activities and operations that require a high degree of specialisation.
Network structure
Functional structure
Matrix structure
Divisional structure
Which limitation of planning states that 'Once plans are made, managers may not be in a position to change them'?
Planning reduces creativity
Planning leads to rigidity
Planning is time consuming
Planning incurs high cost
Identify the type of organisational structure, which makes training of employees easier, as the focus is only on a limited range of skills.
The controlling function brings the management cycle back to the______.
Which of the following is not a merit of functional structure?
It promotes control and coordination within a department.
It makes training of employees easier, as the focus is only on a limited range of skills.
It ensures that different products get due attention.
It leads to occupational specialisation.
________ structure is suitable when the size of the organisation is large.
Responsibility is derived from ______.
The people of some regions translated the slogan of "Come Alive" used by Pepsi company as " Come out of the grave." As a result company lost its market share rather than picking up. This is the effect of which environment and how does this dimension of environment affect the business?
Process of entrusting responsibility, authority, and creating accountability of the person who works has been given.
Departments are established on the basis of ________ in functional organisation.
Products
Demand
Market
Activities
Planning strangulates the initiative of the employees and compels them to work in an inflexible manner. What does it mean?
Planning reduces creativity and leads to rigidity.
Planning incurs a huge cost.
Planning reduces creativity and leads to flexibility.
None of the above.
Which of the following can be delegated?
(a) Accountability
(b) Authority
(c) All of the above
(d) Responsibility
- Flexible
- Dynamic
- Rigid
What Is Meant by the Term Decentralization?
