Question: ( a ) The following are multiple choice questions or simply True / False statements: ( i ) Which of the following is not one
a The following are multiple choice questions or simply TrueFalse statements:
i Which of the following is not one of the purposes of planning:
a systematic; b protective; c affirmative; d coordination; e fundamental.
marks
ii The following is a potential disadvantage of planning:
a too much time may be spent on planning; b an inappropriate balance between planning and other managerial functions may occur; c some important activities may be neglected; d incorrect use of the planning function could work to the detriment of the organization; e all the above.
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iiiThe first major step in the planning process, is:
adeveloping premises; b listing alternative ways of reaching organizational objectives; c stating organizational objectives; d developing plans to pursue chosen alternatives; e putting plans into action.
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iv The purpose of the planning subsystem is to increase the effectiveness of the overall management system through which of the following:
asystematizing the planning function; b more effective planning; c formalizing the planning process; d integrating the planning process; e none of the above.
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b Name the two main organizational objectives of a company. marks
c Discuss the term "universality of management". marks
d Planning is a process comprising of steps, briefly describe these steps. marks
e Strategy management process is generally thought to consist of five sequential and continuing steps. Name the Five Sequential & Continuing Steps of Strategy
Management marks
f Briefly explain what the Commonwealth Association Corporate Governance's guidelines on corporate governance says regarding the duties of the Board Chairman and that of the Chief Executive Officer CEO
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a Describe the Seven roles of the Chief Executive Officer CEO as the organizational planner?
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b Briefly describe the Five advantages of Planning and the Three disadvantages of Planning.
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c Briefly describe the Five functions performed by the Board to satisfy various expectations of the multitude of the organization's stakeholders.
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d Name and briefly describe the Two major purposes of planning.
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