Critical Book Review

MANAGEMENT AND ENTREPRENEUSHIP

Submitted to Elvida Wahyuni Yusdy, M.Hum. in Partial Fulfillment of the

Requirement for English Assignment

Criticized by:

ALDI SAPUTRA PULUNGAN

ISLAMIC MANAGEMENT EDUCATION

FACULTY I OF TARBIYAH AND TEACHERS TRAINING
STATE ISLAMIC UNIVERSITY OF NORTH SUMATERA
MEDAN
2018
Resume of Chapter 29 Page 2-5

Management

1.1 Meaning
. This type of planning is
rational, systematic, regular and well documented. On the other hand informal planning
is undertaken generally by small organizations. This planning process is based on
manager’s experience, intuitions rather than based on systematic evaluation of
environmental changes. This type of planning is
rational, systematic, regular and well documented. On the other hand informal planning
is undertaken generally by small organizations Planning an organization to get a profit,
and a manager who is in charge of managing and designing something that will be done
for the future, and assisted by members of the company to get more perfect results,
management will organize an organization or office in carrying out a the process of
working effectively and efficiently. Examples of such plans are organizational mission,
long term objective, strategies,
policies, procedures and rules. On the other hand single use plans are designed for
specific end; when that end is reached, the plan is dissolved or formulated again for
next end. Examples of such plans are project, budgets, quotas, targets etc. Single use
plans are generally derived from standing plans. Organization set their mission and
objectives, out of which strategic actions are determined. In order to put these actions
into operations, projects, budgets etc., are prepared for specific time period

Characteristics of Management

There are at least five planning characteristics

Leads to Achieving Goals
Lead to Change
Choice Statement
Rationality
 Collective Action as a Basis Based on the scope of its substance planning is classified
according to the main object which becomes the focus of sectoral planning, for example
economic planning, social planning, natural resource and environmental planning, physical /
spatial planning. Planning classification is based on the level of operation for example
program / project planning in a sectoral, integrated regional planning that is cross sectoral in a
particular area. Planning classification based on the operational level includes:

Normative Planning usually involves policy issues (regulation) containing considerations,

normative views (basic values) for a decision; the definition of an ideal desired; the decision
made is what must be done; so a company does business to achieve greatness, and with good
and mature planning, the chances of the company will be ev

Some important things that must be considered as a determinant of whether or not business
planning is as follows;

1. Legal Planning
Business Planning - is a formal planning step in starting a new business activity that is
centered on the entire business and explains all the elements involved in the implementation.
Business planning must also lead to marketing strategies and the direction of future
development

2. Details, a business plan must be submitted in detail and comprehensively. Explain why this
business will be able to make a profit.
3. For investors, note that financial planning is aimed at incvestors and financiers as the main
need to start a business.
4. Market ideas, planning is another form of marketing ideas that are expected to be
profitable
5. Management skills, resources, and strategies, good business planning contains good skills,
resources owned and strategies prepared in anticipating every possible error / failure and
increasing the chances of business success
en greater. If needed, a manager who really can lead and become a bridge for an office
 The Strenghts and Weaknesses of the Book
a. The Strenghts of the Book)

1) this book is very suitable for someone who is just entering a company, because
here there is a cra-cra that we have to make a perfect plan to get the perfect results
in this book it is very interesting.
2) in this book it is very interesting. There is a description of the planning practice.
3) It is easier to understand this book is quite sleek and easy to understand. colors
are very neatly arranged

b. the Weaknesses of the Book

 the discussion in this book is not deep enough, so the information is not sufficient
 the contents of this book are complicated and difficult to learn for those who are
still beginners
 the picture in this book is not so clear that it is difficult to understand
REFERENCE