Principles Of Management Unit 2 Ppt Better (2027)

Title:

The Bakery That Forgot to Plan

Slide 15: The MBO Cycle (4 steps)

1. Which decision-making step did Zara skip that caused the croissant-donut disaster?
2. Convert Zara’s original objective (“make people happy with cake”) into a SMART objective.
3. Why is a procedure different from a policy? Give an example from the story.
4. How did environmental scanning (the competitor) trigger the need for planning?

• Scientific study of work
• Standardization of tools and equipment
• Division of labor
• Differential piece-rate plan

Module D: Decision Making – The Heart of Planning (Slides 19-25)

• Title: "Evolution of Management Thought"
• Subtitle: "From Early Thinkers to Modern Theories"