by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What is the Organizing Function of Management?Organizing is the process of assembling the people, organizing resources, and distributing the planned work necessary to carry out the managers plan. How Managers OrganizeOrganizing is driven by goals identified during the...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What is Managerial Planning Process?Managerial Planning is a multi-step process that managers undertake as a core function. Some would argue that planning is the most important function, as it provides direction and provides guidance in all of the companies’...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What are the various different types of Management Planning?Managerial plans can generally be divided into 4 categories: Strategic Tactical Operational Contingency Each of these is discussed below.What is Strategic Planning? A strategy is an orientation or manner for...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What Contingency Factors affect the Manager Planning Process?There are numerous Contingency Factors associated with planning. Organizational level Formal vs informal Environmental uncertainty Length of commitment Specificity Frequency of Use Organizational Level in...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What is a Vision Statement?A vision statement for a business is a description of what the managers believe the business should or will be in the future. It will describe the organizations aspirations, such as growth, profitability, societal contribution, stakeholder...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What are the Goals of an Organization?Goals are the desired outcomes of the business’s activities. What are the Objectives of an Organization?Objectives tend to be precise, measured actions, with time for completion. How Do Organizational Goals Relate to...
