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10 Cards in this Set
- Front
- Back
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Management |
setting forth goals for an organization and the processing for accomplishing them |
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Planning |
setting goals, reviewing information, and making decisions |
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Organizing |
coordinating resources needed to achieve goals |
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Staffing |
actions necessary for hiring, training, and compensating employees |
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Implementing |
carrying out leadership activities in an organization |
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Controlling |
determining the status of whether or not goals from the planning stage have been et |
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Opportunity costs |
what is given up to make a choice |
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strategic planning |
long term planning with broad goals for a company as a whole |
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Operational planning |
short term planning with more specific goals for departments or groups within a company |
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SWOT |
an analysis of the strengths, weakness, opportunities, and threats affecting an organization internally and externally |
