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Management activities
Planning, Organising, Controlling

Picture

Need to Know

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.

Mind Maps

Advantages of Planning
Steps involved in Planning
Types of Planning
Advantages of Organising
Organisation Terms
Functional Organisation Structure
Product Organisation Structure
Geographical Organisation structure
Matrix Organisation Structure
Importance of controlling
Steps in Controlling
Stock Control
Quality Control
Credit Control

Notes

MANAGEMENT ACTIVITIES

Questions

Question Booklet
Exam Questions


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