Management Flashcards
It's all about management
1
Q
Management process steps how many
A
5 steps
2
Q
What are those 5 steps
A
Planning Organising Staffing Directing Controlling
3
Q
Who introduced it
A
Koontz and o’ donnel
4
Q
What is planning
A
Formulating future course of action and choosing appropriate course of action for achieving goal
5
Q
Test to check planning capacity of a person
A
Tower of Hanoi
Tower of London
6
Q
Steps of planning how many
A
7 steps
7
Q
Steps of planning what are they
A
Setting objectives Developing premise Identifying alternatives Evaluating alternatives Selecting best alternative Implementation Follow up
8
Q
Types of plans
Based on breath of use
A
Strategic and tactical plans
9
Q
Difference between strategic and tactical plan
A
Strategic plan related to company mission
Tactical plan related to actions taken day to day to achieve the strategic
Less detailed vs more detailed
Long term vs short term
10
Q
Types of plans
Based on time frame
A
Long term versus short term
