What are the steps in the planning process of management? Stages in the Planning Cycle Define objectives. The first, and most crucial, step in the planning process is to determine what is to be accomplished during the planning period. Develop premises. Evaluate alternatives. Identify resources. Plan and implement tasks. Determine tracking and evaluation methods. What […]
Why is strategic planning dynamic and not linear?
Why is strategic planning dynamic and not linear? linear, process. Why is this important? Strategic planning is a dynamic process that continually takes into account new information from our environment. S trategic planning makes a must needed shift from a linear process to a more free flowing approach that is at the same time […]
What is the scope of performance appraisal?
What is the scope of performance appraisal? The scope of the study includes Lower level employees in the organization. The study aims at finding out the effectiveness of Performance appraisal methods and suggests some measures to improve the Performance appraisal system. Accurate Information plays a vital role in the organization as whole . How do […]
How heavy is a yard of wet concrete?
How heavy is a yard of wet concrete? A yard of wet concrete weighs 3700 pounds and a yard of dry concrete weighs about 3600 pounds. What does 1/2 yard of concrete weigh? Weight of concrete per cubic yard:- in general, on average weight of concrete is around 3600 lb or 1.8 short tons per […]
How does the supply of labor affect the wage level?
How does the supply of labor affect the wage level? When the supply of labor increases the equilibrium price falls, and when the demand for labor increases the equilibrium price rises. Therefore, firms will continue to add labor (hire workers) until the MRPL equals the wage rate. Thus, workers earn a wage equal to the […]
How many decisions a person makes in a day?
How many decisions a person makes in a day? 35,000 We make thousands of choices every day It’s estimated that the average adult makes about 35,000 remotely conscious decisions each day. Each decision, of course, carries certain consequences with it that are both good and bad. How many decisions do parents make in a day? […]