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Q3. What are the reasons for setting up goals in the Organization?
List its advantages and disadvantages.
The reasons for setting up goals in the Organization - 3
Advantages and disadvantages/ barriers pf goal setting in the Organization 7
Answer. Reasons for setting up goals in the Organization
Provides Focus
When organizations set goals for employees, it shows employees the
organization priorities. Employees then know what to focus on in the coming
quarter or year, thus prioritizing projects and other tasks as they weigh how
their work will impact those goals. It also provides focus for management when
deciding on major projects and how to best divide tasks among employees.
Q5. Define the term downsizing. List the types of downsizing. Explain
the significance, misconceptions and effects of downsizing.
Definition of downsizing - 2
Listing the types of downsizing - 2
Significance of downsizing - 2
Misconceptions - 2
Effects of downsizing 2
Answer. Downsizing:
In a business enterprise, downsizing is reducing the number of employees on
the operating payroll. Some users distinguish downsizing from a layoff , with
downsizing intended to be a permanent downscaling and a layoff intended to
be a temporary downscaling in which employees may later be rehired.
Businesses use several techniques in downsizing, including providing
incentives to take early retirement and transfer to subsidiary companies, but
the most common technique is to simply terminate the employment of a
certain number of people.
Spring-2016
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