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Management And Organization Questions And Answers Latest Update

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Management And Organization Questions And Answers Latest Update

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  • October 31, 2024
  • 8
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
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Solution 2024/2025
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Management And Organization Questions And
Answers Latest Update

Management ANS✔✔ The process of coordinating people and other
resources to achieve the goals of an organization.



Four Main Resources of Management ANS✔✔ Material, Human, Financial,
Informational



The Management Process ANS✔✔ Planning, Organizing, Leading and
Motivating, Controlling



Planning ANS✔✔ Establishing organizational goals and deciding how to
accomplish them.



Mission Statement ANS✔✔ A statement of the basic purpose that makes the
organization different from others.



Strategic Planning Process ANS✔✔ Establishing an organization's major
goals and objectives and allocating resources to achieve them.



Goal ANS✔✔ End result that an organization is expected to achieve over a
one-to-ten year period.



Objective ANS✔✔ A specific statement detailing what the organization
intends to accomplish over a shorter period of time.

, Solution 2024/2025
Pepper



SWOT Analysis ANS✔✔ The identification and evaluation of a firm's
strengths, weaknesses, opportunities and threats.



Core Competencies ANS✔✔ Approaches and processes that a company
performs well that may give it an advantage over it's competitors.



Strategic Plan ANS✔✔ An organizations broadest plan. Developed as a guide
during the strategic planning process for major policy setting and decision
making.



Tactical Plan ANS✔✔ A small scale plan developed to implement a strategy.



Operational Plan ANS✔✔ A type of plan designed to implement tactical
plans.



Contingency Plan ANS✔✔ A plan that outlines alternative courses of action
that may be taken if an organization's other plans are disrupted or become
ineffective.



Organizing ANS✔✔ The grouping of resources and activities to accomplish
some end result in an efficient and effective manner.



Leading ANS✔✔ Process of influencing people to work towards a common
goal.



Motivating ANS✔✔ Process of providing reasons for people to work in the
best interests of an organization.

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