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10 Cards in this Set
- Front
- Back
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Goals?
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• Pre-Set objectives to be achieved by an enterprise.
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Plans?
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• Courses of action to be taken by an enterprise in order to achieve its goals.
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Programs?
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• A detailed breakdown of the contents of plans.
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Policies?
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• Guidelines that govern the performance of all types of activities performed by an enterprise.
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Strategies?
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• Plans, programs, policies and tactics that deal with the competitiveness situation.
• NOTE: Similar to going into battle, except replace "Enemy" with "Competitor." |
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Decision Making?
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• The process of taking a course of action by Managers in a given situation.
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Directing?
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• The process of having work done through others.
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Planning?
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• The process of selecting the best alternative goal, plan, policy, program, or procedure among the ALTERNATIVE ones available to mangers in a given situation.
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Organizing?
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• The process of creating, identifying, or modifying the organization structure of an enterprise.
Accordingly, it involves the creatinon, identification or modification of divisions, departments, and positions required to operate an enterprise, and to achieve its goals. |
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Controlling?
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• The process of comparing achieved goals and performances with planned ones, in order to identify and justify related differences, and also to take corrective measures whenever required.
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