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As a manager, it should be advice to company A that they should develop robust strategies to clean…

Answered: Fóllów these steps: 1. Set your goal 2.…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Similar questions

Planning is the compass that guides our actions toward a desired destination. It's the intricate process of envisioning a goal, strategizing the steps to reach it, and organizing resources effectively. Whether it's a personal endeavor or a grand-scale project, planning lays the groundwork for success. It involves assessing risks, setting realistic timelines, and allocating resources efficiently. The beauty of planning lies in its ability to bring order to chaos, turning aspirations into achievable milestones. It's the blueprint that navigates through uncertainties, offering a structured path forward amidst the ever-changing landscapes of life and business. What's is the aspect of planning, and how do usually approach organizing goals?
At the beginning of a fiscal year, your organization established several goals. As part of these goals, you have been tasked with replacing the wired Ethernet network with a wireless network. It has been estimated that this process will take 18 months. Of which type of goal is this an example? (30-50-word explanation) A) Operational goal B) Strategic goal C) Mid-term goal D) Tactical goal
The planning method is changing and evolving over time, as are all facets of good management. Think of an organisation, whether your workplace or your college or university, you are reasonably acquainted with. Choose one of the following four strategy methods and describe how the organisation will successfully utilise the selected plan method to increase its success in a volatile climate. Decentralized schedule Extend goals Dashboards output Teams with intelligence
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.
Establishing Objectives and Goals is the second step in the process of: a. Planning b. Directing c. Leading d. Organizing
A business plan is like the backbone for any business. Explain
Assuming that you own a computer shop, you have a good plan in your mind that you want to implement that can benefits your business. How can your plan/strategy convert into action? Can you explain the step-by-step process?
At Dr. Kelly's pediatric practice, employees are committed to the work and have specific ideas about how it should be done. Mary likes to be efficient and finish with patients as quickly as possible. Jennifer believes in giving each parent and child all the time they need to understand a treatment. The planning cycle would help resolve this difference by O using MBO to give each employee their own independent goals determining how to operationalize the vision, mission, and values of the organization O using a group decision-making technique to identify alternatives
SHORT ANSWER If you were a business owner, which of these goals might you be able to accomplish using the framework of Theory Z or Theories X and Y? Could you use Theory Z to work on one goal and use Theories X and Y to work on another goal, thereby accomplishing two goals with these theories by using a different approach on each of the two goals? Goal 1: Improve quality of a product or service. Goal 2: Improve employee collaboration. Goal 3: Foster decision making skills in the workforce. Goal 4: Develop and maintain a successful workforce in a global environment. Goal 5: Develop strong leadership in the work place. Goal 6: Foster adherence to organizational values, ethics, and professional responsibility.
Explain the concept of contingency planning and its importance in preparing organizations for unexpected events, such as natural disasters, economic downturns, or technological failures.
1. In one sentence, state the concept of planning. 2. In one sentence define planning. 3. Do the purposes of planning really serve their purpose? Yes or No. Reasons.
True or False: Management by objectives (MBO) is a goal-setting and performance management approach that involves setting clear objectives, and employees are then evaluated based on their ability to achieve these objectives.

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Fóllów these steps: 1. Set your goal 2. Plan out your action 3. Assign resources 4. Execute your action