the following are steps in the planning process of an organization - Answers- Formulating strategies to
achieve the goals
- Determining the organization's mission and goals
- Selecting the most effective way to implement organizational strategy
When managers plan, they must forecast what may happen in the future to ______. - Answersdecide
what to do in the present
To achieve organizational goals, managers use ______ to launch courses of action that will move them
towards their goals. - Answersstrategies
Mission statements accomplish - Answers- Identifies a company's products and customers
- States the broad purpose of the organization
- Differentiates the company from its competitors
The third step in the planning process is ______. - Answerschoosing the most effective way to put
strategies into action
The process of..............is used to identify and select appropriate goals and courses of action for an
organization. - Answersplanning
A broad declaration of an organization's purpose that identifies the organization's products and
customers and distinguishes the organization from its competitors is known as a ______. -
Answersmission statement
Planning is a(n) ______ process. - Answers- strategy-making
- goal-making
The absence of a(n) ______ can result in hesitation, false steps, and changes of direction that can hurt
an organization. - Answersplan
, A cluster of decisions about what goals to pursue, what actions to take, and how to use resources to
achieve goals is a(n) ______. - Answersstrategy
Fayol stated that effective plans should have four essential qualities, including ______. - Answersunity,
continuity, accuracy, and flexibility
The mission statement ______ its competitors. - Answers- distinguishes an organization from
- differentiates an organization from
There are two important goals of a mission statement; they are to describe their products for employees
by pointing out ______ and ______. - Answerswhat is unique or important about its products; what
differentiate its products from its competitors
At any one time only one central, guiding plan is put into operation to achieve an organizational goal.
This is known as.............. - Answersunity
Almost all managers participate in some form of planning in order to - Answers- predict future threats.
- predict future opportunities.
MATCH - AnswersUnity→ have only one guiding plan
have only one guiding plan
Continuity→ build and refine previous plans on an ongoing basis
Accuracy→collect and use all available information
Flexibility→alter or change plans when necessary
Managers build and refine their previous plans at the corporate, business and functional levels to put
together a broad framework. This ongoing planning process is referred to as ______. -
Answerscontinuity
Mission statements accomplish - Answers- Differentiates the company from its competitors