Planning & Organising

what is planning?

• manager sets specific goals and objectives

• manager sets strategies to achieve goals

• SMART

• all of the above

SMART stand for:

Which of these steps involved in planning is out of order:

• SWOT analysis

• Devise Plan

• Establish Timeline

• Implement Plan

SWOT analysis stand for:

• Strength Weakness Opportunity Treat

• Strength Weakmess Opportunity Threat

• Strength Weakness Opportunity Threat

Which of these are for short term planning:

• Strategic

• Tactical

• Contingency

what type of planning is for long term plans?

Financial planning involves creating:

• Cash flow budgets

• Cash flow forecasts

• Cash flow charts

Ensuring the business has the correct and qualified number of staff is called:

A back-up plan is called a:

The most common type of org structure is:

• functional

• product

• geographical

• matrix