Management Unit 2 Ppt — Principles Of
Unit 2 of Principles of Management typically focuses on the Planning function, covering its nature, types, and the overall decision-making process. You can find comprehensive presentation slides for this unit on platforms like SlideShare and Scribd. Key Topics in Unit 2
Perception of Opportunities: Analyzing the environment (SWOT analysis). principles of management unit 2 ppt
💬 Quick Revision Quiz (Test yourself before the exam): Unit 2 of Principles of Management typically focuses
There are several types of plans, including: Standing Plans (Permanent): Policies, Procedures, Rules
- Four principles
- Techniques: time study, standardization, piece-rate pay
- Advantages & criticisms (short bullets)
- Standing Plans (Permanent): Policies, Procedures, Rules.
- Single-Use Plans (Temporary): Budgets, Programs, Projects.
- Definition of planning and organizing
- Importance of planning and organizing
- Step 1 (Identify the problem): “We’re losing to Crust & Crumb.”
- Step 2 (Identify criteria): Zara skipped this. She didn’t list what mattered (cost, speed, quality, staff morale).
- Step 3 (Allocate weights): Not done.
- Step 4 (Develop alternatives): Leo suggested, “Let’s make a Croissant-Donut hybrid!” Priya suggested, “Let’s cut hours and raise prices.” Sam the customer yelled through the window, “Just be open on time!”
- Step 5 (Analyze alternatives): Ignored.
- Step 6 (Select an alternative): Zara, exhausted, picked Leo’s idea. “Croissant-Donuts! It’s brilliant!”
- Step 7 (Implement): They spent $5,000 on a new fryer.
- Step 8 (Evaluate effectiveness): Two weeks later, zero croissant-donuts sold. The town wanted sourdough.