This document defines planning and outlines the planning process. It states that planning is the process of thinking about and organizing activities to achieve goals, and involves making decisions about future actions from available alternatives. A key part of planning is establishing goals and arranging them in a logical order to bridge the gap from an organization's current state to its desired future state. The document also briefly describes the Tower of Hanoi puzzle, a neuropsychological test involving moving disks between rods under certain rules, where planning is a key component of successfully solving the puzzle.
Overview of sub-topic 1.1 of the HSC IPT course. Covers the system development cycle, project plans, Gantt charts, communication skills and key personnel
a political system defines the process for making official government decisions. It is usually compared to the legal system, economic system, cultural system, and other social systems.
Overview of sub-topic 1.1 of the HSC IPT course. Covers the system development cycle, project plans, Gantt charts, communication skills and key personnel
a political system defines the process for making official government decisions. It is usually compared to the legal system, economic system, cultural system, and other social systems.
Non-verbal communication includes facial expressions, the tone and pitch of the voice, gestures displayed through body language (kinesics) and the physical distance between the communicators (proxemics).
The theory of marginal analysis states that whenever marginal benefit exceeds marginal cost, a manager should increase activity to reach the highest net benefit. ... Sunk costs, fixed costs, and average costs do not affect marginal analysis. They are irrelevant to future optimal decision-making
A recruiting strategy is formal plan of action involving an organization's attempts to successfully identify, recruit, and hire high-quality candidates for the purpose of filling its open positions.
Industrial policy is a document that sets the tone in implementing, promoting the regulatory roles of the government. It was an effort to expand the industrialization and uplift the economy to its deserved heights. It signified the involvement of the Indian government in the development of the industrial sector.
Reward management is concerned with the formulation and implementation of strategies and policies that aim to reward people fairly, equitably and consistently in accordance with their value to the organization.
Job analysis is the process that identifies tasks, duties, responsibilities, required qualifications, skill and knowledge etc. ... Job design mainly focuses on work division and effective performance of tasks and job completion whereas Job analysis is about effective and appropriate selection of candidates
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Budget line, Consumer' equilibrium, Applications of indifference curves.
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A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
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Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
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Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
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Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
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Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
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2. DEFINITION
• Planning (also called forethought) is the
process of thinking about an organizing the
activities required to achieve a desired goal.
3. • It is a conscious as well as sub-conscious activity.
• It is "an anticipatory decision making process"
that helps in coping with complexities.
• It is deciding future course of action from
amongst alternatives.
• It is a process that involves making and evaluating
each set of interrelated decisions.
• It is selection of missions, objectives and
"translation of knowledge into action."
• A planned performance brings better results
compared to an unplanned one.
4. • A manager's job is planning, monitoring and
controlling. Planning and goal setting are
important traits of an organization. It is done at
all levels of the organization.
• Planning includes the plan, the thought process,
action, and implementation.
• Planning gives more power over the future.
• Planning is deciding in advance what to do, how
to do it, when to do it, and who should do it.
• This bridges the gap from where the organization
is to where it wants to be. The planning function
involves establishing goals and arranging them in
logical order
6. NEUROPSYCHOLOGICAL TEST ( TOWER
OF HANOI)
• A puzzle invented in 1883 by the French
mathematician Édouard Lucas. There are
different variations of the puzzle, the classic
version consists of three rods and usually
seven to nine discs of subsequently smaller
size.
7. • Planning is a key component of the problem
solving skills necessary to achieve the objective,
which is to move the entire stack to another rod,
obeying the following rules
• Only one disk may be moved at a time.
• Each move consists of taking the upper disk from
one of the rods and sliding it onto another rod,
on top of the other disks that may already be
present on that rod.
• No disk may be placed on top of a smaller disk