Interpretation: The inputs required in the planning process with from
Concept Introduction: When someone or an organization wants to do something; this something is to be planned for what activities are to be carried out; what resources shall be required and what results are expected etc. All this is called planning which is forerunner to any activity/action. This is a fundamental management process and determines the success or otherwise of the project/work/organization.
Planning can be for short term, mid-term or long-range.
Want to see the full answer?
Check out a sample textbook solutionChapter 10 Solutions
Operations Management: Processes and Supply Chains, Student Value Edition Plus MyLab Operations Management with Pearson eText -- Access Card Package (11th Edition)
- Define and describe the different types of plans defined in Table 17.1 and how organizations use them.arrow_forwardExplain how the planning process can add significantly to the delivery of customer value.arrow_forwardHow is the planning at IKEA? Planning:Consists of the processes necessary to strategically operate an existing supply chain.arrow_forward
- How can the concept of sustainability be integrated into the planning process to promote environmentally and socially responsible practices?arrow_forwardHow is planning and conrol linked?arrow_forwardDescribe the difference between strategic planning, tactical planning, and operational planning. Provide examples of each type of planning and explain how they relate to one another.arrow_forward
- #4 How does a government agency raise revenue differently from a private company, and how does that affect the way government decisions are made, compared to business decisions?arrow_forwardCritically analyse any five (5) planning areas of the SCOR model. Use relevant examples from yourmanufacturing company to justify your analysis.arrow_forwardExplain the concept of "sustainability planning." How can organizations incorporate sustainability principles into their long-term planning processes to ensure environmental and social responsibility?arrow_forward
- Explore the concept of strategic alignment and discuss how organizations can ensure that their long-term plans are closely aligned with their mission, vision, values, and overall corporate objectives.arrow_forwardWhen developing plans to meet organisation and customer needs what are six reasons for presenting the outcome of the planning process to appropriate persons in the organisation and obtaining their feedback.arrow_forwardSWOT, BCG, and IE Matrices Analysis Analyze the significance of the three matrices regarding their relevance for strategic planning. Include a description of the key information for each of the three matrices.arrow_forward