EBK MANAGEMENT
12th Edition
ISBN: 9780100546561
Author: DAFT
Publisher: YUZU
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Question
Chapter 7, Problem 10DQ
Summary Introduction
To discuss:
How to decide where to draw the line between a "good" stretch goal and a "bad" one that is unrealistic.
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.
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Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, management and related others by exploring similar questions and additional content below.Similar questions
- Analyze the consequences of using traditional goals setting vs management by objectives with the help of an examplearrow_forwardExplain the concept of goal setting in the planning process. What are the characteristics of effective goals?arrow_forwardThe MBO technique has been criticized for putting too much emphasis on achieving goals (ends) and not enough on the methods people use to achieve them (means). Discuss if it is/isn't a flaw in the technique or how managers apply it. How might a balanced emphasis on ends and means be achieved?arrow_forward
- 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.arrow_forwardWhat role does goal setting play in long-term planning and success?arrow_forwardWhen does goal setting fail, and when does it succeed?arrow_forward
- In which step.of the planning procesS would one know where one is placed in reaching the goals, and what strengths work in one's favor and what weaknesses may hold one back? * Implementing the plan and evaluating results. Defining the objectives. Developing premises regarding future conditions. Determining where one stands vis-à-vis objectives.arrow_forwardIf I don't plan, then what's the point? Why is it beneficial to plan for IS implementation?arrow_forwardThe MBO technique has been criticized for putting too much emphasis on achieving goals (ends) and not enough on the methods that people use to achieve them (means). Do you think this is a flaw in the technique, or in the way managers apply it? How would you place a balanced emphasis on ends and means?arrow_forward
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