UNDERSTANDING MANAGEMENT EBK
11th Edition
ISBN: 9780357689738
Author: DAFT
Publisher: CENGAGE L
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Question
Chapter 5, Problem 3DQ
Summary Introduction
To determine:
If developing a comprehensive plan is not necessary to acquire a start-up funding.
Introduction:
Planning is a process of making the plan before executing any work. The process of planning includes identification of goals and objectives, formulation of strategies, creating the means required and implementation and monitoring.
The First step of planning is to establish a strategic goal. The strategic goal is a statement defining where the company wants to be in the future. The strategic goal represents the whole organization's goal rather than to the goal of a division or department. After setting the strategic goal, the organization prepares its strategic plans. Strategic plans define the action steps by which the company intends to attain strategic goals. Strategic plans are actually the blueprint that defines the organizational activities and allocations required for meeting long terms targets.
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Chapter 5 Solutions
UNDERSTANDING MANAGEMENT EBK
Ch. 5 - Prob. 1DQCh. 5 - Prob. 2DQCh. 5 - Prob. 3DQCh. 5 - Assume that Southern University decides to do two...Ch. 5 - Prob. 5DQCh. 5 - Prob. 6DQCh. 5 - Prob. 7DQCh. 5 - Prob. 8DQCh. 5 - Prob. 9DQCh. 5 - Prob. 10DQ
Ch. 5 - Prob. 1AYSSLCh. 5 - Prob. 1AYSGLCh. 5 - Prob. 1AYSALCh. 5 - Prob. 2AYSALCh. 5 - Prob. 3AYSALCh. 5 - Prob. 4AYSALCh. 5 - Prob. 5AYSALCh. 5 - When the idea first occurred to her, it seemed...Ch. 5 - Prob. 2AYSEDCh. 5 - Prob. 3AYSEDCh. 5 - Prob. 1AYSCFCACh. 5 - Prob. 2AYSCFCACh. 5 - Prob. 3AYSCFCA
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