Loose-Leaf Edition for Management
7th Edition
ISBN: 9780077720551
Author: Angelo Kinicki, Brian K. Williams
Publisher: McGraw-Hill Education
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Chapter 5, Problem 2MIA
Summary Introduction
To determine:
The types of goals that were ineffectively managed by GE.
Introduction:
Fundamentals of planning: The planning includes the following statements:
- Mission statement: Mission statement shows the reason of being.
- Vision Statement: Vision statement shows what we want to be.
- Values Statement: Values statement shows the values which are to be taken care of.
A planning converts the mission and vision and objectives. There are three types of planning:
- Strategic Planning
- Tactical Planning
- Operational Planning
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