Management Activities

Management activities
Planning, Organising, Controlling

Planning

Define business planning.
Describe the steps involved in business planning.
Explain what a SWOT analysis is? Give examples to explain your answer.
Distinguish between a low cost leadership, a differentiation, and a niche strategy.
Evaluate the importance of manpower planning to a business.
Evaluate the importance of Cash Flow Forecasting to a business
Distinguish between a strategic and a tactical plan.
Explain why mission statements are drafted.
Discuss some of the reasons why planning is important to a business.

Organising

Explain what the term organisational structure means?
Why is choosing the correct business structure so important?
Illustrate your understanding of a functional organisational structure and outline its advantages and disadvantages.
Distinguish between a line organisation and staff organisation.
Illustrate your understanding of a product organisation structure. Outline the advantages and disadvantages of this structure.
Illustrate your understanding of a matrix organisation structure. Illustrate some advantages and disadvantages of this structure.
Illustrate your understanding of the term span of control. Distinguish between a wide and a narrow span of control.
Describe some of the advantages of organising for a business.

Control (Setting Standards and use of feedback)

Explain what the term control means.
List three types of controls used in business.
Distinguish between re-order point and re-order quantity, and minimum stock level and maximum stock level.
Outline some of advantages for a business of having good stock control.
Outline three different types of quality control.
List some advantages and disadvantages of quality control circles.
Outline how a business can apply for ISO 9000 accreditation.
Outline the aim of a good credit control system.
Discuss the advantages of a good system of control for a business.