Asked by Karan Kahlon on Jun 04, 2024
Verified
Classify the following activities as planning (P), implementation (I), or control (C).
1. Estimating the amount of units that will be sold in the upcoming quarter.
2. Assigning production line workers to stations in the production plant.
3. Choosing between manual labor or purchasing a machine that will automate the production process.
4. Preparing a performance report which compares actual sales to budgeted sales for the last month.
5. Solving a bottleneck issue in the production plant by moving one production line worker from station 2 to station 5 on the production line.
6. Negotiating discounts with suppliers for materials needed in the production process.
Planning (P)
The process of setting objectives, developing strategies, and outlining tasks and schedules to achieve the goals.
Implementation (I)
The process of putting a decision or plan into effect; the action that must follow any preliminary thinking in order for something to actually happen.
Control (C)
In management and accounting, this refers to the systems and processes that are used to monitor and manage an organization's financial resources and operations.
- Comprehend the fundamentals of organizational planning, which encompasses pinpointing various options and choosing the most suitable solutions.
Verified Answer
Learning Objectives
- Comprehend the fundamentals of organizational planning, which encompasses pinpointing various options and choosing the most suitable solutions.
Related questions
Planning Includes Identifying Alternatives and Then Selecting the One That ...
Planning Involves Selecting a Course of Action and Specifying How ...
Operational Planning Is Unrelated to Intermediate Planning
Strategic Planning, Intermediate Planning, and Operational Planning Should Never Overlap ...
Yoonsuh, the Chief Technology Officer at Namkoong Appliances, Is in ...