Lesson 3: Planning Technical Activities

Question 1

It is the output of planning, provides a methodical way of achieving desired results.

Answer 1

plan

Question 2

______________, according to Nickels and others, refers to “the management function that involves anticipating future trends and determining the best strategies and tactics to achieve organizational objectives.”

Answer 2

Planning

Question 3

Aldug and Stearns, on the other hand, define ___________ as “the selection and sequential ordering of tasks required to achieve an organizational goal.”

Planning, according to Cole and Hamilton, is deciding what will be done, who will do it, where, when and how it will be done, and the standards to which it will be done.

Answer 3

planning

Question 4

For our purpose, it will suffice to define __________ as selecting the best course of action so that the desired result
may be achieved.

Answer 4

planning

Question 5

Give the three (3) different management levels that undertake planning activities.

Answer 5

1. Top management level - strategic planning
2. Middle management level-intermediate planning
3. Lower management level - operational planning.

Question 6

It refers to the process of determining the major goals of the organization and the policies and strategies for obtaining and using resources to achieve those goals.

Answer 6

Strategic planning

Question 7

The output of strategic planning is the _____________ which spells out “the decision about long-range goals and the course of action to achieve these goals.”

Answer 7

strategic plan

Question 8

This refers to “the process of determining the contributions that subunits can make with allocated resources.”

Answer 8

Intermediate planning

Question 9

This refers to “the process of determining how specific tasks can best be accomplished on time with available resources.

Answer 9

Operational planning

Question 10

Give the four (4) planning processes.

Answer 10

1. setting organizational, divisional, or unit goals
2. developing strategies or tactics to reach those
   goals
3. determining resources needed and
4. setting standards

Question 11

This may be defined as the “precise statement of results sought, quantified in time and magnitude, where possible.”

Answer 11

Goals

Question 12

Under developing strategies or tactics to reach goal, the ways to realize the goals are called ____________ .

Answer 12

strategies

Question 13

A _________ may be defined as “a course of action aimed at ensuring that the organization will achieve its objectives.

Answer 13

strategy

Question 14

A _________ is a short-term action taken by management to adjust to negative internal or external influences.

Answer 14

tactic

Question 15

A _________ may be defined as “a quantitative or qualitative measuring device designed to help monitor the performances of people, capital goods, or processes.”

Answer 15

standard

Question 16

TYPES OF PLANS

Give the three (3) types of plans.

Answer 16

1. Functional Area Plans
2. Plans With Time Horizon
3. Plans According to Frequency of Use

Question 17

TYPES OF PLANS: Functional Area Plans

Plans may be prepared according to the needs of the different functional areas. Among the types of functional
area plans are the following:

Give the four (4).

Answer 17

1. Marketing plan
2. Production plan
3. Financial plan
4. Human resource management plan

Question 18

TYPES OF PLANS: Functional Area Plans

This is the written document
or blueprint for implementing and controlling an organization’s marketing activities related to a particular marketing strategy

Answer 18

Marketing plan

Question 19

TYPES OF PLANS: Functional Area Plans

This is a written document that states the quantity of output a company must produce in broad terms and by product family.

Answer 19

Production plan

Question 20

TYPES OF PLANS: Functional Area Plans

It is a document that summarizes the current financial situation of the firm,
analyzes financial needs, and recommends a
direction for financial activities.

Answer 20

Financial plan

Question 21

TYPES OF PLANS: Functional Area Plans

it is a document that indicates the human resource needs of a company detailed in terms of quantity and quality and based on the requirements of the company’s strategic plan.

Answer 21

Human resource management plan

Question 22

TYPES OF PLANS: Plans With Time Horizon

Plans with time horizon consist of the following:

Give the two (2) plans.

Answer 22

1. Short-range plans
2. Long-range plans

Question 23

TYPES OF PLANS: Plans With Time Horizon

These are plans intended
to cover o period of less than one year. First-line supervisors are mostly concerned with these plans.

Answer 23

Short-range plans

Question 24

TYPES OF PLANS: Plans With Time Horizon

These are plans covering
a time span of more than one year. These are mostly undertaken by middle and top management.

Answer 24

Long-range plans

Question 25

TYPES OF PLANS: Plans According to Frequency of Use According to frequency of use, plans may be classified as: Give the two (2) classifications.

Answer 25

1. Standing plans 2. single-use plans

Question 26

TYPES OF PLANS: Plans According to Frequency of Use These are plans that are used again and again, and they focus on a managerial situations that occur repeatedly.

Answer 26

Standing plans

Question 27

TYPES OF PLANS: Plans According to Frequency of Use Standing plans may be further classified as follows: Give the three (3) further classifications.

Answer 27

1. Policies 2. Procedures 3. Rules

Question 28

TYPES OF PLANS: Plans According to Frequency of Use (under Standing Plans) They are broad guidelines to aid managers at every level in making decisions about recurring situations or function.

Answer 28

Policies

Question 29

TYPES OF PLANS: Plans According to Frequency of Use (under Standing Plans) They are plans that describe the exact series of actions to be taken in a given situation.

Answer 29

Procedures

Question 30

TYPES OF PLANS: Plans According to Frequency of Use (under Standing Plans) They are statements that either require or forbid a certain action.

Answer 30

Rules

Question 31

TYPES OF PLANS: Plans According to Frequency of Use These plans are specifically developed to implement courses of action that are relatively unique and are unlikely to be repeated.

Answer 31

Single-Use Plan

Question 32

TYPES OF PLANS: Plans According to Frequency of Use Single-use plans may be further classified as follows: Give the three (3) further classifications.

Answer 32

1. budgets 2. programs, and 3. projects

Question 33

TYPES OF PLANS: Plans According to Frequency of Use (under Single-Use Plans) A__________, according to Weston and Brigham, is "a plan which sets forth the projected expenditure for a certain activity and explains where the required funds will come from

Answer 33

Budget

Question 34

TYPES OF PLANS: Plans According to Frequency of Use (under Single-Use Plans) It is a single-use plan designed to coordinate a large set of activities.

Answer 34

Program

Question 35

TYPES OF PLANS: Plans According to Frequency of Use (under Single-Use Plans) It is a single-use plan that is usually more limited in scope than a program and is sometimes prepared to support a program.

Answer 35

Project

Question 36

PARTS OF THE VARIOUS FUNCTIONAL AREA PLANS (The Contents of the Marketing Plan) William Cohen maintains that the following must be included in the marketing plan: Give the eight (8).

Answer 36

1. The Executive Summary 2. Table of Contents 3. Situational Analysis and Target Market 4. Marketing Objectives and Goals 5. Marketing Strategies 6. Marketing Tactics 7. Schedules and Budget& 8. Financial Data and Control

Question 37

PARTS OF THE VARIOUS FUNCTIONAL AREA PLANS (Parts of the Strategic Plan) The strategic plan must contain the following: Give the three (3).

Answer 37

1. Company or corporate mission 2. Objectives or goals 3. Strategies

Question 38

PARTS OF THE VARIOUS FUNCTIONAL AREA PLANS (Parts of the Strategic Plan) ____________________________________ refers to the "strategic statement that identifies why an organization exists, its philosophy of management, an d its purpose.

Answer 38

Company of corporate mission