52. A general guide to action for the managers of an organization is known as: A. a rolling plan. В. a rule. С. а policy. D. a standard operating procedure. E. scenario planning.
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- 1. A school librarian wants to gather the students’ opinion about the school’s library services. A. closed B. open-ended C. rating scale D. dichotomous 2. Mr. Santos, a restaurant owner, needs to know the opinion of their customers on the restaurant’s service, cleanliness, and quality of food. A. closed B. open-ended C. rating scale D. dichotomous16. An operational plan can be defined as a plan prepared by a component of an organization that clearly defines actions it will take to support the strategic objectives and plans of upper management. (True/ False)Advises the small farmer on how to be more successful, to be profitable and stable in his farming business. • The farm has 100ha of arable land – 50ha and some natural pastures • Planting maize (yield 2 tonnes per hectare), soybeans (yield 800kg/ha) • Planting vegetables (high pest pressure), but quality is low. • He has a herd of 30 cows and 50 sheep. •Farming is not profitable •His livestock is very thin in winter and has no pasture calves are easy and don't fetch good money at auctions. The farm is in Villiers The farms have an average rainfall of 550mm to 600mm per year. This rain occurs during the summer months in a typical Highveld manner thunders. The average temperature in summer is 25°c, and temperatures in winter average 14°c, but in the morning low up to -13°c. Use ideas about how to incorporate precision farming on a small scale to create this farm stability
- 5) Implementation of planned decisions and evaluating performance is classified as: a. Evaluation b. Decision making c. Controlling d. PerformingWhich step is NOT spelled out in the management process:a) Planningb) Predictingc) Staffingd) Leadinge) ControllingAnalysis of internal environment is a step in planning process; it can be otherwise called as Select one: O a. Capital audit O b. Resource auditing O c. None of the options O d. Financial auditing
- Required: 1. Identify the key problems and issues? 2. Proposed realistic solutions or changes (3 or more) 3. Recommend specific strategy for accomplishing the proposed solutions.Gordon Sparks Ltd. sells ergonomic chairs. The company implemented a new bonus structure for all of theirmanagers. If net income increased from the previous year, managers would be rewarded with 0.5% of the increase innet income.In January of last year, Mingle Nicholson was hired as the manager of the marketing department. As the marketingmanager, he was responsible for seeking external opportunities, managing budgets and understanding current andpotential customers. Every three or four days, Mingle would meet with the sales manager, Logan Freidman. Themeeting was usually about past sales, and whether there were changes to the selling strategy. This information wasextremely important to Mingle, since he was responsible to ensure the marketing objectives are aligned with the salesobjectives.During the year, Mingle made several changes to Gordon Sparks' marketing strategy. Mingle created a set of popularcommercials, which were a complete success. Each commercial reached over 5,000,000…06-For the last few days Mr. Yousaf is facing a problem related with the release of funds on the request of one of their boss family persons more than the allowed limit. Now the person is pressurizing Mr. Yousaf up to a maximum point of job threat. As per the schedule next week there is general meeting with all stakeholders. So, the best way to respond to this type of threat is a. To consider this threat by not up to acceptable level b. To wait for the next week as new information is expected c. To address this threat to the concerned authorities d. All of the options
- Q2 . write about managment planning and explined it probably about 250 wordsMangement Background: XYZ Corporation is a tech company that specializes in developing innovative consumer electronics. The company is preparing to launch a new smartphone model, "TechX Pro," in a highly competitive market. The success of the launch is crucial for the company's growth, and effective planning is essential Planning Process: 1. Market Research: Conducted thorough market research to identify customer needs, preferences, and market trends. • Analyzed competitors' products and strategies to identify gaps and opportunities. 2. Product Developments Collaborated with the R&D team to ensure the TechX Pro meets or exceeds customer expectations. Conducted beta testing to gather user feedback and make necessary improvements. 3. Marketing Strategy: Developed a comprehensive marketing strategy, including online and offline channels. Created a strong online presence through social media, influencer partnerships, and targeted advertising. 4. Distribution:…Q4. Manufacturing (HW). A manufacturer is currently producing an item which has a variable cost of $0.75 per unit and a selling price of $2.00 per unit. Fixed costs are $20,000. Current volume is 40,000 units. The firm can produce what it believes is a better product by adding a new piece of equipment to the process line. This equipment represents an increase of $5,000 in fixed cost. The variable cost increase would be $0.50 per unit. Volume for the new and improved product should rise to 50,000 units. (a) What is total profit now? (b) What will be the profit with the new machine? (c) Should the company invest in the new equipment?