The Planning Functions of Management

Essay specific features

 

Issue:

Business

 

Written by:

Jose G

 

Date added:

June 4, 2014

 

Level:

University

 

Grade:

B

 

No of pages / words:

5 / 1200

 

Was viewed:

866 times

 

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Essay content:

2004) In order for an organization to reach its goal, they must plan for change and use effective planning which will help identify opportunities, avoid problems, set the direction for the other functions of management, and improve decision-making. There are several steps in the process of a basic planning structure...
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They are situational analysis, alternatives, evaluation, selection, implementation, and monitor and control. Situational analysis is the internal and external reviewing of past events, current conditions, and attempts to forecast future trends. Which is also known to be a SWOT analysis. Followed by an alternative in which management selects alternative targets and actions to achieve goals...
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