BUS208: Principles of Management
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Terms in this set (127)
,What is manager primary challenge is to solve
primary problems creatively,
challenge?
means by which you actually
What is
manage, that is, get things done
Principles of
through others—individually, in
Management?
groups, or in organizations.
What do P-O-L- P-O-L-C, planning, organizing,
C stand for? leading, control
The fundamental Henri Fayol
notion of
principles of
management
was developed
by
is the body of knowledge that
Strategic answers questions about the
Management development and implementation of
good strategies.
is the central, integrated, externally-
oriented concept of how an
strategy
organization will achieve its
objectives.
, means that planners must be aware
of the critical contingencies facing
environmental
their organization in terms of
scanning
economic conditions, their
competitors, and their customers
is intermediate-range (one to three
years) planning that is designed to
tactical planning develop relatively concrete and
specific means to implement the
strategic plan.
involves analyzing competitive
opportunities and threats, as well as
the strengths and weaknesses of the
Strategy
organization, and then determining
Planning
how to position the organization to
compete effectively in their
environment.
generally assumes the existence of
organization-wide or subunit goals
operational
and objectives and specifies ways to
planning
achieve them. Operational planning
is short-range (less than a year)
organizational Decisions made about the structure
design of an organization
- Saylor Direct Credit Final Exam
2025 LATEST!!
Save
Get a taste for our practice questions
Learn
Studied 7 terms
Nice work, you're crushing it
Continue studying in Learn
Terms in this set (127)
,What is manager primary challenge is to solve
primary problems creatively,
challenge?
means by which you actually
What is
manage, that is, get things done
Principles of
through others—individually, in
Management?
groups, or in organizations.
What do P-O-L- P-O-L-C, planning, organizing,
C stand for? leading, control
The fundamental Henri Fayol
notion of
principles of
management
was developed
by
is the body of knowledge that
Strategic answers questions about the
Management development and implementation of
good strategies.
is the central, integrated, externally-
oriented concept of how an
strategy
organization will achieve its
objectives.
, means that planners must be aware
of the critical contingencies facing
environmental
their organization in terms of
scanning
economic conditions, their
competitors, and their customers
is intermediate-range (one to three
years) planning that is designed to
tactical planning develop relatively concrete and
specific means to implement the
strategic plan.
involves analyzing competitive
opportunities and threats, as well as
the strengths and weaknesses of the
Strategy
organization, and then determining
Planning
how to position the organization to
compete effectively in their
environment.
generally assumes the existence of
organization-wide or subunit goals
operational
and objectives and specifies ways to
planning
achieve them. Operational planning
is short-range (less than a year)
organizational Decisions made about the structure
design of an organization
