NOCTI - General Management Exam Review | 257 Questions and Correct Solutions Latest Update 2024

NOCTI - General Management Exam Review | 257 Questions and Correct Solutions Latest Update 2024 management - Answer - the process used to accomplish organizational goals through planning, organizing, leading, and controlling people and other organizational resources planning - Answer - a management function that includes anticipating trends and determining the best strategies and tactics to achieve organizational goals and objectives organizing - Answer - a management function that includes designing the structure of the organization and creating conditions and systems in which everyone and everything work together to achieve the organizations goals and objectives leading - Answer - creating a vision for the organization and guiding, training, coaching, and motivating others to work effectively to achieve the organizations goals and objectives controlling - Answer - a management function that involves establishing clear standards to determine whether or not an organization is progressing toward its goals and objectives, rewarding people for doing a good job, and taking corrective action if they are not vision - Answer - an encompassing explanation of why the organization exists and where it's trying to head mission statement - Answer - an outline of the fundamental purpose of an organization goals - Answer - the broad, long term accomplishments an organization wishes to attain objectives - Answer - specific, short term statements detailing how to achieve the organizations goals SWOT analysis - Answer - SWOT = Strengths, Weaknesses, Opportunities and Threats; a planning tool used to analyze an organizations strengths, weakness, opportunities and threats strategic planning - Answer - the process of determining the major goals of the organization and the policies and strategies for obtaining and using resources to achieve those goals tactical planning - Answer - the process of developing detailed, short term statements about what is to be done, who is to do it, and how it is to be done operational planning - Answer - the process of setting work standards and schedules necessary to implement the company's tactical objectives