Are long term accomplishments an organization wishes to attain?
GOALS are the broad, long-term accomplishments an organization wishes to attain. OBJECTIVES are specific, short-term statements detailing how to achieve the organizational goals. Planning is a continuous process.
Are long term accomplishments an organization wishes to attain are short term statements detailing how do you achieve the organization’s goals?
Ch 7 and 8 terms
| Question | Answer |
|---|---|
| the broad, long term accomplishments and organization wishes to attain | goals |
| specific, short term statements detailing how to achieve the organization’s goals. | objectives |
| a planning tool used to analyze an organization’s strengths, weakness, opportunities, and threats | SWOT analysis |
What are broad long term accomplishments an organization wants to achieve?
Cards
| Term Management | Definition the process used to accomplish organizational goals through planning, organizing, leading, and controlling people and other organizational resources |
|---|---|
| Term Goals | Definition the broad, long-term accomplishments an organization wishes to attain |
Are broad long term accomplishments?
set by tactical plans, while objectives are set by strategic plans. Goals are broad, long-term accomplishments an organization wishes to attain. Objectives are specific, short-term statements detailing how to achieve the goals.
Is choosing among two or more alternatives?
Decision making means choosing among two or more alternatives, and is at the heart of all management functions. The rational decision making model is often followed to make intelligent, logical and well-founded decisions.
What are the various levels of planning?
Levels of planning
- Corporate level. An organization’s overall strategic direction is normally planned at the corporate level.
- Business level.
- Functional level.
- Marketing planning.
- Strategic planning.
- Environmental planning.
- Operations planning.
- Proactive planning.
How do you write a strategic planning document?
Draft a plan
- Executive summary. You want the reader to quickly grasp the mission of your company, its values, issues and goals and key strategies to reach goals.
- Signature page.
- Company description.
- Mission, vision and value statements.
- Strategic analysis.
- Strategies and tactics.
- Action plan.
- Budget and operating plans.
What are the features of strategic planning?
The following are the salient features of strategic planning:
- Process of Questioning:
- Time Horizon:
- Pervasive Process:
- Focus of Attention:
- Continuous Process:
- Co-Ordination:
- Financial Benefits:
- Guide to Organisational Activities: