Free Essay

Facility Plan-Monsanto

In: Business and Management

Submitted By darock
Words 1553
Pages 7
Monsanto occupies many locations all around the world. As of now Monsanto is in 68 different countries with its’ world headquarters in St. Louis, Missouri. The locations all around the world include various manufacturing plants, seed production facilities, research centers, learning centers, and administrative sales offices. “By having locations close to our customers, we are better able to experience the needs of those customers, to understand the pressures confronting them and to develop innovations tailored to their needs ("Monsanto Facilities Round the World")
Monsanto has been on the trend of expansion for the past few months. In August, Monsanto opened a 90,000 square-foot building in Woodland, California. This building was a $30 million investment and will consolidate the company’s seed health group, trait genetics group, molecular marker group, and visitor reception area. By consolidating these groups together they are cementing there position in the community and creating a better workplace for employees.
Expansion has been one of our primary focuses within the past few years. We are very exciting to start our Chesterfield Village expansion project which will create 675 new jobs in St. Louis across all levels over the next three years. According to Hugh Grant, chairman and CEO of Monsanto, “Our Chesterfield expansion is focused on strengthening our world-class capabilities in the discovery and development of innovations for farmers around the world”. Grant believes that to keep up with the increase in demand it will require a futuristic outlook on the way we think and come up with technology that today we would only imagine. “As we look to the future, and work begins to expand this research facility, I’m reminded how important our mission to work together to help farmers produce more nutritious food in a sustainable way will continue to be.” ("Monsanto Chesterfield Village Expansion Groundbreaking of Research and Development Center Marks Next Generation for Agriculture and St. Louis")
The Chesterfield Village expansion project will create a number of new facilities which “includes a conference center, research building, 36 additional greenhouses, 13 Controlled Environment Agriculture (CEA) rooms and 250 additional labs”. The cost of this huge expansion is estimated to be around $400 million.
One of our brands that are the largest developer of vegetable seeds is known as Seminis. The Seminis seed facility is based in Idaho in a town called Filer. Seminis is the world’s largest developer, grower and marketer of vegetable seeds, but also a company that offers vegetable seed products for growers, dealers, and distributors. Not only is it known in over 150 countries, but they have facilities in almost every major vegetable- growing area. Products are usually grown outdoors in a hothouse instead of an unheated greenhouse environment.
One place I would start to build a research facility in would be Punjab, India. Although we have many facilities in India, Punjab is known for its farmland and about 70 percent of the population are farmers that grow crops and products for a living. Although Punjab has its fair 0share of farmers in poverty, I believe if we were to build a facility there not only would it increase jobs but also farmer’s crops would actually be able to grow their crops, without worry, in any kind of climate. Farmers these days have very few crops that grow there due to the unpredictable weather. So if the farmers of Punjab were to buy our seeds and grow the crops the proper way than, fewer crops would be destroyed due to climate and their yield would increase.
Since our recent acquisition on Climate Corp, farmers from Punjab would be able to insure their land and get a better understanding of when to grow and the upcoming weather forecasts.
One benefit we would have from having a facility in Punjab would be the fact that the land is tax free. Punjab is a state in the northwest of the Republic of India, forming part of the larger Punjab region. The price for land in Punjab is rapidly increasing, it would be ideal to buy land for the company now instead of waiting. It is vital to create more facilities in major farming states in India because India’s main occupation is farming and agriculture. By creating a facility in Punjab and increasing the amount of yield for farmers, we would decrease economic hardship for farmers and in return farmers would continue to buy larger amounts of our products to help their crops.
One of our main focuses for our facilities for the next three years would be creating more facilities in Australia. This is one of our main focuses because Australia is having major issues with agriculture in some of the western territories. Some of the issues would include drought, water security, low soil fertility, weeds, and global warming caused by weather climate. Australia has a large number of deserts and irregular rainfall so farming has become very difficult over time. Farming in Australia is 1 percent of the Australian dollar which makes a huge impact if the crops are damaged or not edible. “Australia is a major agricultural producer and exporter. Agriculture and its closely related sectors earn $155 billion-a-year for a 12% share of GDP. Australian farmers and grazers own 135,997 farms, covering 61% of Australia’s landmass.” ("Agriculture in Australia ") If we were to sell our seeds to the farmers they would have a higher chance of producing quality goods then the low quality products there producing now. “The economy of Australia is primarily based on agriculture. Over four hundred thousand of Australian populations are involved with agriculture or agriculture related jobs. ("Agriculture in Australia Map")
As of today we have two research facilities and one headquarter located in 3 of the 6 Australian territories. Starting in 2014 to 2016 we plan to expand in Australia by creating two more research facilities along with a seed production facility and a main office in the Northern territory, the southern part of the South territory, and a portion of the Western territory.
Since it is the company’s decision to acquire EVOGENE within the next two years, it is important to look at where we can expand in order to reach our maximum profits while keeping our expenses down. Australia would be the perfect place to expand because of the diverse cultivation of agriculture and the inhabitation of land available to cultivate. The land in the Western territory of Australia is perfect for the growth of rice. Since rice is an obtainable venture in our near future it is optimal to have a research facility in this part of Australia. (See Figure 1)
Another country that we would be a great fit for us to expand in is one which we don’t have any presence in already. The country which I speak of is El Salvador. According to “The most important agricultural products in El Salvador are coffee, cotton, corn (maize), and sugarcane.” I believe that we should start thinking about El Salvador since it is one of the few countries that we don’t have a facility in that grow a large amount of agriculture products. Figure 1: Crops Grown in Various Regions of Australia
Agriculture Facts
Punjab, India * No Land Tax * Already have a few facilities in other parts of India, so it would be easier to step in and create a facility in Punjab * Farmers are experiencing a lot of pesticides and cancer is assumed to be increasing due to poor farming * Agriculture scientists have failed to resurrect agriculture
* Australian farmers export about 60% of what they grow and produce * In one year between 2009-2010 the estimated gross value was 48.7 billion which should almost be double about now and is estimated to increase each year * There are about 307,000 people employed last year just in the farming business so it would increase jobs for many of the residents * Australian farms generate about 155 billion dollars a year in production which would increase our revenue tremendously * An average farmer grows enough crops to feed 600 people which would decrease poverty if we helped the farmers that don’t grow as well or as many crops as others * Farmers occupy and manage 61 percent of Australia’s land mass * An estimated 1.5 billion is spent just on research of agriculture in a year which would benefit us because if we stepped in and created a facility there we would increase revenue in research as well as our product. ("Farm Facts")

Work Cited “Monsanto Facilities Round the World.” N.p.. Web. 12 Nov 2013. <;.

"Monsanto Chesterfield Village Expansion Groundbreaking of Research and Development Center Marks Next Generation for Agriculture and St. Louis." . N.p., 22 Oct 2013. Web. 14 Nov 2013. <>.

"Agriculture in Australia Map." . N.p.. Web. 15 Nov 2013. <>.

"Agriculture in Australia ." . N.p., 16 november 2013. Web. 17 Nov 2013. <>.

"Farm Facts." . National Farmers Federation. Web. 16 Nov 2013. <>.

Similar Documents

Free Essay

Monsanto Place and Price Analysis

...Monsanto Place and Price Analysis Fundamentals of Marketing and Sales BUS3030 Pamela Vest PLACE Distribution Channels Monsanto, an agriculture company, creates, produces, and provides genetically modified seeds to farmers around the world. With the issues of agriculture, Monsanto is working to produce more, conserve more, and improving lives (Monsanto, 2014). As the world’s population grows and not enough of land suitable for agriculture, farmers must produce more. Farmer’s crops yield more, and are reducing water, nutrients, and energy by using the Monsanto seeds. Monsanto creates genetically modified seeds in labs, by taking two good parents and breeds them to produce an offspring plant that is suitable for a certain agricultural area. With manufacturing plants, seed production facilities, and research centers scattered around the world, Monsanto distribution channels are focused around the geographic area near these facilities. Monsanto produces the seeds in their plants and must produce and distribute enough to meet the weekly high demands of farmers. With the precise timing the production and distribution plans due to the high demand, make for a more credible business approach. Monsanto manufacturing plants lack the storage spaces for the seeds, resulting in Monsanto having to use Public Storage facilities. Once at the public storage facilities, seeds are then delivered to distributor warehouse, and then they are delivered to retailers, whole sellers,......

Words: 1886 - Pages: 8

Free Essay

Monsanto Report a Corporate Profile

...Francisco, CA 94107 tel: (415) 293-9900 fax: (415) 293-8394 Copyright © 2013 by Food & Water Watch. All rights reserved. This report can be viewed or downloaded at A CORPORATE PROFILE Executive Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Company History . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Modern-Day Monsanto . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Monsanto’s Environmental Impact . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Market Share . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Figure 1. TIMELINE: A Selected History of Monsanto . . . . . . . . . . . . . . . . . . . . . . . 6 Influence on Government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 Figure 2. Monsanto’s Interlocking Board Members . . . . . . . . . . . . . . . . . . . . . . . . 9 Figure 3. Monsanto’s Revolving...

Words: 7321 - Pages: 30

Free Essay


...Litigation As plaintiff Since the mid1990s, Monsanto indicates that it has sued 145 individual U.S. farmers for patent infringement and/or breach of contract in connection with its genetically engineered seed.[130] The Center for Food Safety has listed 112 lawsuits by Monsanto against farmers for claims of seed patent violations.[131] The usual claim involves violation of a technology agreement that prohibits farmers from saving seed from one season's crop to plant the next, a common farming practice.[132] One farmer received an eight-month prison sentence for conspiracy to commit fraud during litigation with Monsanto[133] in addition to having to pay damages.[134] Monsanto sued the Pilot Grove Cooperative Elevator in Pilot Grove, Missouri, on the grounds that by cleaning harvested seeds covered by Monsanto's patents so that farmers could replant them, the elevator was inducing them to infringe Monsanto's patents. The Pilot Grove Cooperative Elevator had been cleaning conventional seeds for decades before the development of genetic engineering and developments in patent law led to the existence of issued patents that cover seeds.[135] In one case in 2002, Monsanto mistakenly sued Gary Rinehart of Eagleville, Missouri for patent violation. Rinehart was not a farmer or seed dealer, but sharecropped land with his brother and nephew, who were violating the patent. Monsanto dropped the lawsuit against him when it discovered the mistake.[135] In 1997 Percy Schmeiser discovered...

Words: 3500 - Pages: 14

Premium Essay

Essay Ethics

...Businesses only act in an ethical way because it looks good rather than because it is the right thing to do. To what extent do you agree with this statement? (40 Marks) Businesses are differentiated in several ways but one way that really separates businesses are the ethics of the company. Ethics are the standards of right and wrong behaviour from the company, this is difficult for a business as they all have different ethics and to what extent how ethical they are and should be, if they even want to be ethical? I will now look at businesses that have different ethics and how this has affected their running of the business, also evaluating why they chose to be so ethical. One company that do not publicise their ethical culture is Ben and Jerry’s, the ice cream giant with their elaborate and quirky flavours which they have become iconic for started a revolution by becoming the first ever company to become ‘fair trade’ with Vanilla Ice Cream in 2006 and have declared all European products by 2011 will be and by the end of 2013 the rest of the worlds production. This basically meant everyone involved in the process of creating the ice cream including the labour such as farmers who extracted the raw materials to produce their goods such as cocoa beans were paid at a good rate which would’ve increased their costs but not significantly. The reason costs didn’t rise significantly was mainly due to the company expanding allowing them to exploit economies of scale by bulk-buying......

Words: 1616 - Pages: 7

Premium Essay

Stakeholders Claims and the Product Market

...Stakeholder Claim and the Product Market Name: Institution: Numerous stakeholders possess the right to inspire the resolutions that a company makes as they unswervingly demand respect from these companies. As a result, of the impact exercised by stakeholders, business guidelines must be framed to apt the prerequisites of most shareholders so as to have prosperous dealings. Examples of shareholders in a business include stakeholders themselves, staffs, associates and stockholders. The focus of this paper will be a review of relations between stakeholder prerogatives and the product market (Bourne, 2009). Additionally, stakeholders refer to the groups of people that influence the routine actions of the business and those that the business shakes. Most importantly, stakeholders encompass the society, dealers, customers, trade unions and other organizations which affect the business integrates. Regardless, of the nature of stakeholders involved in any business or company, there should be close integration of the major shareholders in business activities so as, to avoid imminent wrangles about the management of the company. The conception of stakeholder claims is that every shareholder possesses something that they desire from the Company or posedefinitewants from the organization they have affiliations. For instance, stakeholdersproclaim dividends; personnelassert recompense and......

Words: 1662 - Pages: 7

Premium Essay


...Strategic Analysis of Syngenta Jolly was a young, bright girl, studying her Bachelor of Business Administration. When she came home from college, her mind was occupied by the assignment given to her in her Business Strategy Class. She had to pick up a company of her choice and complete strategic analysis, over a period of three years, consisting of size of the organization, financial performance, operational performance, some tailored measures of performance relating to the organization’s industry, competitor analysis, strategic actions of the organization, and strategic issues faced. She thought that she would figure out what procedure to follow from her prescribed textbook ‘Strategic Management – Theory and Application,’ by Adrian Haberberg & Alison Rieple. After a certain thought, she chose Syngenta – headquartered at Basel, Switzerland. Jolly referred to the textbook and jotted down the procedure as below. Procedure for doing the Strategic Analysis: 1) Evaluate financial performance: Calculate the following quantities and analyze them and find out the trend in the last three years. Overall Sales Overall Profit Profitability ratios such as Return on Equity (ROE), Return on Assets (ROA), and Return on Capital Employed(ROCE). 2) Measure operational performance: Page 1 of 29 Calculate the following quantities; find out the trend and analyze: Operating profit Operating profit as a percentage of sales (profit margin) Sales per employee Operating profit per......

Words: 6884 - Pages: 28

Premium Essay

Wgu Lat 1 Final

...Has Asian Industrialization had a Negative Impact on the Global Marketplace? An Investigation into the Effect of Industrialization of Select Markets and their Impact on the Global Marketplace. Has Asian Industrialization had a Negative Impact on the Global Marketplace? The global marketplace has seen a large shift in buying power in recent years. Former world leaders have seen their influence on the marketplace dwindle as industrialization begins to take hold in countries previously not seen as traditional powerhouses. Worldwide, prices have risen at a rate never before seen. With a burgeoning population of middle class workers, Asia as a whole, and China and India specifically, have fueled this pricing explosion. Research shows that the development of these former 3rd world countries is responsible for a large increase in global pricing due to the high demand for steel, oil, and agricultural products. One major industry which has been affected by this shift is the steel industry. The demand for steel along with the decreased supply has caused prices to increase by 25 to 45 percent in the US market. (Van Der Schans, 2007). Several factors have coincided to deal a damaging blow to the US steel market. Firstly, China and India have become major players in the steel industry, accounting for the consumption of over 25 percent of the worldwide steel supply. Cooney found that, “China has become both the world’s largest steelmaker and steel consumer.” (2006). China’s...

Words: 2513 - Pages: 11

Free Essay

Dupont Case

...technologies such as Dacron, Mylar, Lycra, Kevlar, Tyvek, and Nomex. The company also expanded its pharmaceuticals and medical products business. The company acquired Conoco, an energy supplier, in 1981. In 1991, DuPont's pharmaceutical business entered into a joint venture (JV) with Merck, to focus on non-US markets. During the 1990s, the company acquired Protein Technologies International, a producer of soy protein products and Imperial Chemical's polyester-resins, a company with intermediates and polyester-films operations. In 1998, the company bought Merck's share of the pharmaceutical JV and renamed the company, DuPont Pharmaceuticals. Later that year, DuPont started selling its interests in Conoco which was completed in 1999. Conoco facility can be classified as cost center. It is one of the main cost centers of the company and hence the most resources are hogged up at this center. One needs to identify resources properly at this center so that we can classify it properly and manage it. Today it is undoubtedly that each organization, aiming at success of its business, tries to put the right people with the right skills and attributes in the appropriate positions. Executives and human resources managers are well aware that wrong decision in employees’ appointment can cause the loss of productivity, and as a consequence,...

Words: 2240 - Pages: 9

Premium Essay

What Is a Product-Service System

...Semester 1, 2012 Week 9: Innovation II Product Innovation Dr Gary Buttriss 9.1 What is a product-service system? What may be the impact on its own sustainability of a corporation currently providing products moving towards a product-service system? (See especially reading 9.1.) Answer •  What is a product-service system •  “A marketable set of products and services capable of jointly fulfilling a user‟s need. The product/service ratio in this set can vary, either in terms of function fulfillment or economic value. (p.238) •  Also a system of products, services, supporting networks and infrastructure designed to be competitive, satisfy customer needs and have a lower environmental impact than traditional business models (p. 239) •  Impacts on sustainability of a corporation •  Drivers: Can provide access to new strategic markets opportunities, market trends and developments and potentially stay competitive as patterns of production and consumption are transformed. •  Barriers: Fundamental cultural shifts are required. Markets and products may be hard to develop, consumers may resist. MGMT2001 - Corporate Sustainability 2 Context and Characteristics •  Blurring of manufacturing and service: The role of services in providing value is ever more important. Added value is created by technological improvments, intellectual property, product image and brand names, aesthetic design and styling that differentiate and diversify products. Functional economy: Function...

Words: 2821 - Pages: 12

Premium Essay

Man Versus Nature: Technology Versus Environment: Money Versus Wild Life

...Man versus Nature: Technology Versus Environment: Money Versus Wild Life Bristol Bay Although the fishing industry has long been associated with the contribution of marine pollution little work has been done on the effects on the industry itself of marine debris and other pollution. The fishing industry is responsible for discarded nets, hooks, fishing poles, and many times sunken boats, among other gear. In many circumstances this is not the intended plan when going fishing to catch their paychecks. In fact the fishing industry pays a high price for these losses from the time they have to replace their nets to the pulling of old nets and trash out of their new nets on a regular basis. When questioned about the effects of marine debris on their fishing activities, Shetland fishermen responded that 92% had recurring problems with accumulated debris in nets, 69% had had their catch contaminated by debris and 92% had snagged their nets on debris on the seabed. Many also experienced fouled propellers and blocked intake pipes. On average, 1-2 hours per week were spent clearing debris from nets. Debris could cause a restricted catch and many boats avoided particular fishing areas altogether due to the high concentrations of debris. It has gotten to the point for many fishers that they can no longer fish certain areas known to be well stocked with money fish due to the time consuming issues with trash and fishing debris in those specific waters due to left behind gear.......

Words: 3821 - Pages: 16

Free Essay


...Participant Media, River Road Entertainment and Magnolia Pictures Present A Magnolia Pictures Release FOOD, INC. A film by Robert Kenner 93 minutes, 35mm, 1.85 PRESS NOTES Distributor Contact: Matt Cowal Arianne Ayers Magnolia Pictures 49 W. 27th St., 7th Floor New York, NY 10001 (212) 924-6701 phone (212) 924-6742 fax Press Contact NY/Nat’l: Donna Daniels Public Relations Donna Daniels Lauren Schwartz Press Contact LA/Nat’l: mPRm Public Relations Alice Zou 5670 Wilshire Blvd., Ste 2500 Los Angeles, CA 90036 323.933.3399 ext. 4248 20 West 22nd Street, Suite 1410 New York, NY 10010 Ph: 347.254.7054 49 west 27th street 7th floor new york, ny 10001 tel 212 924 6701 fax 212 924 6742 SYNOPSIS In Food, Inc., filmmaker Robert Kenner lifts the veil on our nation's food industry, exposing the highly mechanized underbelly that's been hidden from the American consumer with the consent of our government's regulatory agencies, USDA and FDA. Our nation's food supply is now controlled by a handful of corporations that often put profit ahead of consumer health, the livelihood of the American farmer, the safety of workers and our own environment. We have bigger-breasted chickens, the perfect pork chop, insecticide-resistant soybean seeds, even tomatoes that won't go bad, but we also have new strains of e coli--the harmful bacteria that causes illness for...

Words: 9472 - Pages: 38

Free Essay


...00 © 1985 Pergamon Press L td FACILITIES LAYOUT A SURVEY OF SOLUTION PROCEDURES REUVEN R. LEVARY Operations Research Center, M.I.T., Cambridge, MA 02139, U.S.A. and Department of Management Sciences, Saint Louis University, Saint Louis, MO 63108, U.S.A. and SYLVIA KALCHIK Monsanto World Headquarters, Saint Louis, MO 63167, U.S.A. (Received 26 January 1983; received for publication l June 1984) Al~traet--The main characteristics of the most-used solution procedures for the facility layout problem are summarized. The characteristics include input required, limitations, type of output obtained, and some other general characteristics. Quantitative and computer-based models will sometimes produce odd layout shapes. For this reason, optimization models and computer programs designed to plan facility layouts, based on optimizing certain objectives, can be useful only for determining some guidelines for the planners. While these models can be used for planning alternative layouts, considerations of qualitative and personnel factors should be given during the layout finalization phase. INTRODUCTION One of the tasks in layout planning is assigning relative locations to a set of facilities. The best layout plan is often the one that results in the highest overall effectiveness of transactions between the facilities. Cost considerations can be a major factor in choosing a given alternative layout plan for implementation. The problem of facility layout is well covered in the......

Words: 3517 - Pages: 15

Premium Essay


...Innovation And Organization Structure 1 Report on Innovation & Organization Structure With case study on Google Inc. Ltd. Prepared By:Akash Tripathy (MS12A005) Deepti Agrawal (MS12A031) Nanda KumarA(MS12A044) Ravinder Reddy(MS12A063) Shine Nagpal (MS12A083) Sunaek Sivadas Vishesh Kumar Agarwal(MS12A103) Innovation And Organization Structure 2 TABLE OF CONTENTS       Introduction…………………………………………………………………………………….3 Innovation a. What is Innovation? ……………………………………………………………..........4 b. What are the different types of innovation possible in the organization?....................5 Organization Structure a. What is Organization Structure?.................................................................................9 b. Role of Organizational structure in Innovation…………………………….….……..9 c. The nine common characteristics of innovative organization……………….….…...9 Innovation in Organization a. Examples of Organization promoting Innovation…………………………....…......10 b. Common practices found among organizations fostering innovation………………12 c. Ways to Find Innovation at an Organization………………………………….……..12 d. Processes at organization to drive Innovation ……………………………….……..13 Case study of an Organization- Google a. Organization structure of Google……………………………………………………14 b. Google’s organization chart…………………………………………………..….….19 c. Products of Google……………………………………………………………….….20 d. Advertising services of Google………………………………….…………….…….21 e. Communication and publishing tools of......

Words: 7225 - Pages: 29

Premium Essay

Bus560 Final Exam Solution

...B. The company does not adhere to the marketing concept C. The company is determined to satisfy customer needs D. The company wants to use a customer focused strategy 2. The process of planning and executing conceptions, pricing, promotion and distribution of ideas, goods and services to create exchange that satisfy individual and organizational goals is the definition of A. Marketing B. Management C. Strategic planning D. Accounting 3. Identify the marketing type which is designed to attract donors, members, participants or volunteers? A. Product B. Organization C. Place D. Cause 4. In large organizations, the marketing plans of individual departments are guided by A. Plans rolled out by the production unit B. Sales strategies of the marketing department C. Planning activities of the organizational units D. Strategic plans or blueprints for the entire organization 5. Which type of marketing would involve strategies to elect a political candidate? A. Product B. Service C. Person D. Place 6. The organization's mission, objectives, strategies and its...

Words: 10819 - Pages: 44

Premium Essay

Strategic Management

...choices: 1. These are the plans formulated to achieve strategic goals. a. Tactical plans b. Strategic plans c. Operational plans d. Standing plans 2. This strategy facilities specialization by establishing a position of overall cost leadership, differentiation, or both, but only within a particular segment, in an entire market. a. Specific b. Focus c. Directive d. Differentiation 3. This plan basically defines the actions of major departments and other sub-units that are required in the execution of a strategic plan. a. Tactical plan b. Operational plan c. Single-use plan d. Long-term plan 4. This is a distinctive business or collection of related business, that can be managed relatively independent of other businesses within the organization a. Functional unit b. Department unit c. Organizational unit d. Strategic business unit 5. These strategic plans of the organization have a time-frame exceeding five years. a. Short-terms plans b. Single-use plans c. Long-term plans d. Intermediate plans IIBM Institute of Business Management Semester II Examination Papers 6. Operational plans are mainly oriented towards issues that usually have a time horizon of a. About five years b. 3 to 5 years c. 1 to 2 years d. One year or less 7. These refer to the determination of the purpose and the basic long-term objectives of an enterprise, and the adoption of courses of action and allocation of resources necessary to achieve these aims. a. Strategies b. Plans c. Policies d. Procedures......

Words: 2798 - Pages: 12