Lesson 3 (P2) Flashcards
Focuses on the organizational perspective
Focuses on the organizational objectives
It is one of the benefits that the manager and business leader may experience
Reduce uncertainties and risk
Provides a pathway from top to bottom level of management
Provides a sense of direction
Gives opportunity to productively supervise subbordanates, provide right instructions, and set direction
Provides guidelines for decision making
Effective and efficient coordination of workpkace
Ensures better coordination
Job performance can be controlled and monitored
Facilitates control
Exhibits creative skills of employee and management
Encourages innovation and creativity
Type of plan which establish long term plans
Strategic plan
Type of plan which establish long term plans
Strategic plan
What the company foresees its success in the future
Vision
What the company foresees its success in the future
Vision
A point of action to reach vision
Mission
Guiding tenents principle that the company wants
Core values
Short term plan, objective and strategies for each business functio
Tactical plan
Short term plan, objective and strategies for each business functio
Tactical plan
