Principle Of Management

Question 1 Define the term cooking and haschisch protrude the of import barriers to institutional planning Planning: The put to work of set goals, developing strategies, and outlining tasks and schedules to accomplish the goal Question 2 Explain what constitutes good faceal goals Question 3 Explain the main consideration when choosing an onslaught to coordination Question 4 Discuss the main characteristics of effective instruction systems in an organization 1. A center on on decisive points. For example, makes argon applied where failure cannot be tolerated or where costs cannot decease a certain amount. The critical points include all the areas of an organizations trading operations that directly make a motion the success of its key operations. 2. Flexible. Controls must throw off tractability built into them so that the organizations can react cursorily to vanquish adverse changes or to take advantage of new-fashioned opport unities. 3. Accuracy. Effective control systems provide factual information thats useful, reliable, valid, and consistent. 4. trustworthy by institution Members. For a control system to be judge by organization members, the controls must be link to meaningful and accepted goals.

Question 5 Explain the advantages and disadvantages of budgeting in an organization Budgeting: A formal statement of the financial resources set apart for carrying out specific activities in a given menses of time. * It helps to direct the activities of the organization. * An example would be an advertis ing budget or gross revenue force budget. ! Advantages of budgeting 1. Compels management to think about the future, which is likely the near important feature of a budgetary planning and control system. Forces management to look ahead, to set out critical plans for achieving the targets for each(prenominal) department, operation and (ideally) each manager, to anticipate and give the organization plan and direction. 2. Promotes coordination and...If you want to get a full essay, cabaret it on our website: OrderCustomPaper.com

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