Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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Question
How can organizations evaluate the success and effectiveness of their organizational plans?
Expert Solution
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Step 1: Define what is organizational plans
Detailed and structured documents or strategies that explain an organization's objectives, goals, priorities, and the steps required to attain them are referred to as organizational plans in the context of management and business. These plans work as the organization's road maps, giving various levels of the organization a clear direction for making choices, allocating resources, and activity execution.
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