Republic of the Philippines

BATANGAS STATE UNIVERSITY

Pablo Borbon Main Campus II
Batangas City
COLLEGE OF ENGINEERING, ARCHITECTURE AND FINE ARTS
Electrical and Computer Engineering Department

Module 3

End Chapter Test

Submitted by:

Roguel, Ahl Jareb J.

EE – 3303

Submitted to:

Engr. Rosalynn C. Hernandez

June 28, 2021

End of Module Exercise
1. Why is planning an important activity for engineer managers?
- Planning benefits managers because it enables them to more efficiently deploy
limited resources. The planning process is optimized for efficiency in order to
minimize waste and inefficient use of available resources. Thus, planning
enables managers to get a better understanding of the organization's goals and
to ensure that available resources are sufficient to support the most important
activities efficiently.

2. How may “planning” be defined?

- The process of thinking of the activities necessary to accomplish a goal is
referred to as planning. It is the first and most critical step in achieving the
desired outcomes. It involves developing and implementing a strategy, which
may contain psychological components that need the application of conceptual
skills.

3. What planning activities are undertaken at various management levels?

- The senior management of the business sets the organization's objectives and
basic policies. It contains directions for developing budgets, procedures, and
timetables for departments, among other things. It is responsible for formulating
the organization's strategic plans and policies. This body selects middle
management executives.

4. What are the steps in the planning process?

- In the planning process, there are many stages that differ based on the
management level in charge of the planning assignment. Despite this, the
following are the basic planning needs to be aware of:
• Setting organizational, divisional, or unit goals.
• Developing strategies or tactics to achieve those goals.
• Determining the resources that will be needed and
• Setting standards
5. What are the types of plans? How may they be classified?
- According to their origin, use, purpose, and many other features, the plans may
be divided into categories. There are many different kinds of plans, some of
which are long-term in nature and others which are one-off in nature. Standing
plans, according to the definition, are plans that are utilized frequently and that
are focused on management circumstances that arise on a regular basis in the
workplace. Alternatively, single-use plans are plans that have been created
exclusively for the purpose of executing courses of action that are usually
unique and unlikely to be repeated in any other context.

6. What is the production plan? What are its components?

- Producing planning is the process of deciding how a company's or industry's
production and manufacturing activities will be carried out in order to meet
customer demand. The following components must be included in the
manufacturing plan:

• The quantity of capacity that the firm must have

• The number of personnel that are necessary
• The number of raw materials that must be acquired

7. What is a budget?
- It is used by governments, companies, and people to plan for the future. A
budget is an estimate of income and expenditure for a certain future time period
that is used by governments, corporations, and individuals to plan for the future.
In its most basic form, a budget is just a financial plan for a particular time
period, typically a year, and it has been proven that when correctly executed,
budgets may substantially improve the efficacy of any financial endeavor.
 8. What is meant by “company mission”?
Company culture, values, ethics, basic objectives, and agenda are defined by the mission
statement of the organization. The mission statement describes what the business does,
how it does it, and why it does it, among other things. Potential investors should also
examine the mission statement to see if the company's beliefs align with their own.

9. What are the barriers to planning?

The prospect of devoting time and money to create a strategic strategy for your
business just to have it fail is disheartening. The ability to recognize and overcome the
obstacles that prevent good planning from being executed is essential for the success
of every company owner. Issues with leadership, many diversions, a lack of procedures,
a lack of accessible personnel, inadequate resources and funding, and unrealistic
business planning are just a few of the various obstacles that stand in the way of
successful planning.
10. What may be used as aids in planning?
Planning tools that may be used include:
➢ obtaining as much information as
possible;
➢ developing multiple sources of
information; and
➢ involving others in the planning
process.