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- How can a firm ensure that organizational plans are realistic and achievable?1.Identify the three major functional areas of business organizations and briefly describe how they interrelate?Predict 3–5 potential challenges that the managers or owners of the business could face in addressing organizational performance.
- Why is itso important to “manage” this relationship?Explain ,, How can organizations effectively balance the need for stability and flexibility in their organizational design to remain competitive?Discuss any six specific objectives a fast-food chain should establish when setting up its organization structure?
- Describe one of the types of business organization and what circumstances would make it the best organization to use.All organizations are affected to some extent by external factors and trends. The impact of these factors and trends could be positive, neutral, or negative, some are short-lived whilst others are long-lasting. Analyze a range of external factors and trends currently impacting organizations. Identify organizational priorities arising from the factors and trends analyzed.4. Why is MIS looked upon as a strategic need of management today?