eto nalang aralin ko di ako sure iyak Flashcards
attainment of organizational goals effectively and efficiently using functions of; planning, organizing, leading, controlling, staffing, and coordination organizational resources.
management
Setting objectives and outlining steps to achieve them.
Planning
are developed to handle non-programmed decision-making in unusual or one-of-a-kind situations.
Single-use plans
is your map and compass in the business world.
Strategic planning
It’s about charting a clear course for your organization, anticipating challenges, and making informed decisions that guide you toward your goals.
Strategic planning
It gives an organization a sense of direction and purpose.
Strategic planning
a useful way for managers to participate in decision-making about the goals and strategies of an organization.
Strategic planning
It helps coordinate managers with different functions and divisions to ensure they all pull in the same direction and work to achieve the desired outcome.
Strategic planning
involves defining long-term goals and the overall direction of an organization.
Strategic Planning
It considers broader, long-term objectives and strategies including the external environment and future challenges.
Strategic Planning
__________is about how to get things done, while __________is about determining the right things to do for long-term success.
Planning
strategic planning
who say’s Effective plans should have four qualities: unity, continuity, accuracy, and flexibility.
Henri Fayol
is a written, formal, and general guide to action
Policy
the 1st organizing process
Formulating objectives, policies, and plans.
It also contributes to achieving organizational objectives through relationships among people that extend beyond those established by management.
Informal organization
It develops as naturally as people interact. It does not appear on the organization chart because the relationship is based on joint personal activities among people.
Informal organization
What principles of Finance is this?
The principle is that a dollar today is worth more than a dollar in the future due to its potential earning capacity.
Time Value of Money
Business-level plan (tactical planning) – divisional managers’ decisions pertaining to divisions’ long-tern goals, overall strategy, and structure.
Business-level plan
what 7 Ps of Marketing is The hoods or services offered by a business to meet customer needs. This includes design, features etc.
Product
what 7 Ps of Marketing is Use of advertising, sales promotion, public relations, and personal selling to communicate product benefits
Promotion
what 7 Ps of Marketing is The amount customers pay for the product, costs, competitor pricing, and customer-perceived value
Price
Distribute products where customers can conve – niently purchase them, including selecting the right retail location
Place
Provide tangible proof of product quality and service, such as packaging, branding materials, and testimonials
Physical Environment
Focus on both customers and employees, ensuring that staff are trained to deliver exceptional customer service and understand the brand value
People
Ensure efficient and customer friendly processes, form order handling and delivery to after-sales service.
Process
What principles of Finance is this?
The ability of an asset to be converted into cash quickly without significantly affecting its value.
Liquidity
