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mgmt test #2 section #1
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planning
formal process of choosing an organizational mission and overall goals for both the short run and long run
3 functions of planning
identify future opportunities
identifying and avoiding future problems
developing courses of action understanding the risk and uncertainties associate with various options
Step 1 in planning
situational analysis
situational analysis
gather and summarize all information relevant to the planning issue in question; environmental analysis and competitive intelligence
Step 2 of Planning process
alternative goals and plans; make sure their SMART goals
step 3 planning
goal and plan evaluation (evaluate decisions, disadvantages, PRIORITIZE goals)
step 4 of planning
goal and plan selection- most feasible
step 5 in planning
implementation (understand plan, have resources, motivated)
step 6 of planning
monitor and control
Author
abifulco
ID
18719
Card Set
mgmt test #2 section #1
Description
management test #2 section #1
Updated
2010-05-11T03:30:27Z
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