STRATEGIC PLANNING III A Study guides, Class notes & Summaries

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MNG3701 - CHAPTER 1 ASSIGNMENT SEMESTER 1
  • MNG3701 - CHAPTER 1 ASSIGNMENT SEMESTER 1

  • Exam (elaborations) • 5 pages • 2024
  • Purpose of Business Organization – * To the Entrepreneur it is the profit he makes from his business * To the consumer it is the value of the service or product * To employees it is their salary/wage earned * To an organization it can be selling shares to shareholders Stakeholders - Any person or group of people that have (or claim to have) an interest in an organization and its activities. Stakeholder Expectations – * Customers - quality products and good service * Suppliers -...
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