Assignment #1

UNDERSTANDING PLANNING IN TERMS OF BUSINESS PROCESS

I. Define the following terms in your own words. Limit your sentence to not less than 10 words
and not more than 15 words. Type your answers in a Word format; Font: Times New Roman; Font
size 11. To be submitted on Feb 26, 2024, Monday on or before 11 am. (3 pts each)
1. Planning
Planning is the establishment of objectives and the formulation of policies and guidelines.
2. Span of Control
It describes the number of people the supervisors manages and monitors.
3. Esprit de corps
Without communication and teamwork, the goals of the group cannot be achieved.
4. Operational planning
Strategically achieve organizational objectives efficiently, which features an internal viewpoint.
5. Division of work
It is the allocation of workload and separation of tasks to achieve efficiency.

II. List down the 14 principles of Management, Among the 14 principles of management choose 2
and state an example. (15 pts)
 Division of Work
 Authority and Responsibility
 Span of Control
 Unity of Command
 Unity of Direction
 Subordination of Individual Interest to General Interest
 Remuneration
 Centralization
 Scalar Chain
 Order
 Equity
The manager should ensure fair teeatment and opportunities for all employees regardless
of background. It can be demonstrated through polices like equal pay for equal work or
providing reasonable accommodations for employees with disabilities.
 Stability of Tenure
Stability of tenure means that emoloyees can be assured on keeping their jobs without the
constant worries about being fired or laid off.
 Simplicity
 Espirit the Corps

Reference for the 14 principles:

 14 Principles of Management by Henri Fayol