Principles of Management
OER 2019 Edition Edition
ISBN: 9780998625768
Author: OpenStax
Publisher: OpenStax College
expand_more
expand_more
format_list_bulleted
Related questions
Question
What are the strategic planning time frames? How do they work together?
Expert Solution
arrow_forward
Step 1
Functions of management are planning, organizing, staffing, leading, and controlling are performed by managers to accomplish the organization's goals. It also helps increase the organization's market value and profit maximization by performing all the functions effectively and efficiently.
Step by stepSolved in 4 steps
Knowledge Booster
Similar questions
- What role does the organization's mission and vision play in the planning process?arrow_forwardWhat is a strategic decision and what are its three characteristics? Define each of them.arrow_forwardHow does the planning process in an organization ensure alignment between the strategic objectives and the operational goals, and how can managers effectively bridge the gap between the two?arrow_forward
- What are the ethical considerations that should be taken into account during the planning process?arrow_forwardWhat are the most important factors to consider when developing and implementing a strategic plan for an organization, and how can these factors be balanced against each other?arrow_forwardWhat are the potential challenges and obstacles that organizations may face during the planning process, and how can these be effectively addressed?arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you