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Operations Management
1. Explain the Decision Roles of Management a. Explain the following aspects of Management. !.Management of People !!.Management of Work !!!.Management of Operations b.In order to plan successfully, there must be SMART goals. Explain the importance of each concept of the “SMART” in relation to successful planning. c.Explain the following basis of Planning in the formulation of organizational goals. !.Mission of the organization !!.The Environment of the organization !!!.The Values of the organization 2.a. Explain the following terms: i.Efficiency ii.Effectiveness b. Distinguish between effective managers and successful managers.

1. Explain the Decision Roles of Management a. Explain the following aspects of Management. !.Management of People !!.Management of Work !!!.Management of Operations b.In order to plan successfully, there must be SMART goals. Explain the importance of each concept of the “SMART” in relation to successful planning. c.Explain the following basis of Planning in the formulation of organizational goals. !.Mission of the organization !!.The Environment of the organization !!!.The Values of the organization 2.a. Explain the following terms: i.Efficiency ii.Effectiveness b. Distinguish between effective managers and successful managers.

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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1. Explain the Decision Roles of Management a. Explain the following aspects of Management. !.Management of People !!.Management of Work !!!.Management of Operations b.In order to plan successfully, there must be SMART goals. Explain the importance of each concept of the “SMART” in relation to successful planning. c.Explain the following basis of Planning in the formulation of organizational goals. !.Mission of the organization !!.The Environment of the organization !!!.The Values of the organization 2.a. Explain the following terms: i.Efficiency ii.Effectiveness b. Distinguish between effective managers and successful managers.
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