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Importance Of Planning In Management

9 Pages / 2,040 Words Published On: 04-10-2021

Question 1


(a) Explain why planning is an important management function.
(b) Describe the steps in the planning process.

Question 2

(a) PEST analysis is a planning tool. Identify the components of the PEST analysis.

(b) Apply the PEST analysis tool to assess the company that you work in or any organisation that you are familiar with.

Question 3

Mr. Tan Eng Lee’s property development company, Asas Teguh Construction Bhd is involved in numerous property development projects in Malaysia. He thinks that the current functional based organisational structure is not working well. Asas Teguh Construction Bhd is involved in a condominium project in Subang, a housing project in Rawang, a shopping mall project in Ipoh and a business centre project in Sungai Petani. He called for a meeting with the heads of department for Human Resource, Administration and Finance , ICT, Warehouse and Procurement and Engineering to discuss how best to re-structure their organisation and to discuss the advantages and disadvantages of the new structure.

(a) Based on the information provided above, recommend a suitable form of organisation structure that would benefit Asas Teguh Construction Bhd. (You need to provide a drawing of the structure)
 
(b) What are the advantages and disadvantages of the new structure?

Question 4

(a) Identify the motivation principle that IKEA applies on its employees. 
(b) Justify your reasoning for the motivation principle used by IKEA based on the information in the case study.

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My Assignment Help. (2021). Importance Of Planning In Management. Retrieved from https://myassignmenthelp.com/free-samples/bbm103-principles-and-practice-of-management/outward-form.html.

My Assignment Help (2021) Importance Of Planning In Management [Online]. Available from: https://myassignmenthelp.com/free-samples/bbm103-principles-and-practice-of-management/outward-form.html
[Accessed 03 October 2023].

My Assignment Help. 'Importance Of Planning In Management' (My Assignment Help, 2021) <https://myassignmenthelp.com/free-samples/bbm103-principles-and-practice-of-management/outward-form.html> accessed 03 October 2023.

My Assignment Help. Importance Of Planning In Management [Internet]. My Assignment Help. 2021 [cited 03 October 2023]. Available from: https://myassignmenthelp.com/free-samples/bbm103-principles-and-practice-of-management/outward-form.html.


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