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Describe the purpose of tactical planning.
The purpose of tactical planning is to determine which short-term
activities should be implemented to accomplish the companies
overall strategy.
Compare the kinds of plans made by top managers and middle
managers.
Top managers focus on long-range, strategic plans. In contrast,
middle-level managers focus on short term tactical planning.
What is the purpose of a mission statement?
A mission statement is a companies written explanation of its
purpose, the reason it exists, the customers it will serve, and how it
is different from its competitors. A mission statement guides the
actions of its company, managers, and employees.
,Which of a company's characteristics does a SWOT analysis
compare?
Strength, Weaknesses, Opportunities and Threats Compared to its
competitors.
How do managers use objectives?
Objectives set guideposts by which managers define the
organizations desired performance in such areas as new product
development, sales, customer service, and employee satisfaction.
Distinguish between programmed and nonprogrammed decisions.
Programmed decisions are like ordering office supplies, simple and
happen frequently- they are streamlined. Non-programmed are like
entering a new market or launching a new product- they require
more individual evaluation.
, What are they steps in the decision-making process?
Recognition of problem or opportunity, development of
alternatives, evaluation of alternatives, selection and
implementation of chosen alternative, and follow up to determine
the effectiveness of the decision.
How is leadership defined?
Leadership means directing or inspiring people to attain certain
organizational goals. Effective leaders share several traits, such as
empathy, self-awareness, and objectivity. Leaders also use the
power of their job, expertise, and experience to influence people.
Identify the styles of leadership as they appear along a continuum
of greater or lesser employee participation.
One end of the continuum Autocratic leaders makes decisions
without consulting the employees. In the middle democratic leaders
ask for suggestions and want participation. At the end is free-rein
which leaders leave most of the decisions to the employees.
What is the relationship between leadership style and corporate
culture?
The best leadership style to adopt often depends on the
organizations corporate culture and its system of principals, beliefs,
and values. Managerial philosophies, communications, networks,
and workplace environment, and practices all influence culture.