Short range or operatioal planning covers a period of....
1 year or less
What are the functions of management?
Long range planning takes up to
5 year cycle
This type of planning concentrates on decisions, broad technological, competitive aspects, SWOT analysis
Solid lines on organizational chart shows
Lines of authority
Dotted lines on org chart depicts
advisory position, ie staff position, not involved in day to day operations
What is not shown on an org chart?
Informal relationships, degree of authority at each level
2012 RD Exam FSM Portion 1