What are the pitfalls and benefits of planning, Business Management

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Question 1:

i) Differentiate between internal and external environment in which an organization operates.

ii) How managers will reduce the influence of the external environment on their organization?

Question 2:

What difficulties might confront a manager today if he tries to implement Taylor's view of management as they were originally stated?

Question 3:

What are the pitfalls and benefits of planning?

Question 4:

Using Maslow's theory of needs, describe whether money is the only motivating factor.

Question 5:

(a) Outline the decision-making process.

(b) Distinguish between short run and long run decisions.

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