PART 2: PLANNING CHAPTER 4 - FOUNDATIONS OF PLANNING LEARNING OUTCOMES After reading this chapter students should be able to: 1. Discuss the nature and purposes of planning. 2. Explain what managers do in the strategic planning process. 3. Compare and contrast approaches to goal setting and planning. 4. Discuss contemporary issues in planning. |Opening Vignette—Building a Future | |SUMMARY
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Topic: Strategies in Planning I. Introduction: Strategic planning is an organization ’s process of defining its strategy‚ or direction‚ and making decisions on allocating its resources to pursue this strategy. In order to determine the direction of the organization‚ it is necessary to understand its current position and the possible avenues through which it can pursue a particular course of action. Generally‚ strategic planning deals with at least one of three key questions: "What do we do?"‚ "For
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we the people‚ and a final drop of the hatchet and permanent dismemberment of what used to be the American dream as they continue to feed further in the lie that the lower class deserves to be there‚ the middle class is getting poorer and the rich getting richer and therefore those who refute their oversimplified version of “the truth” must be lazy‚ poor‚ incompetent‚ or just plain out stupid. Essentially‚ what made America great‚ is dead. In this upcoming election we have two options. A vindictive
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Evaluator’s ethical considerations The evaluator is supposed to observe ethical protocols involved with the participants during the evaluation process thus he or she is expected to be professional and objective in their conduct. Wilson and MacLean (2001:597) have defined ethical guidelines as the general principles and rules of moral behaviour. What to do when respondents are traumatized during the interview children deaths on the road is a sensitive topic‚ should there be a respondents who will
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Capacity Planning Based on time horizon or duration it is viewed in three (i) Long-range Capacity Planning Time horizon is of more than one or two years. It is carried for productive resources which a long time. Long-range capacity planning requires participation and approval of top management personnel. (ii) Intermediate-range Capacity Planning It has a time horizon for 6 to 18 months. It may be varied by such alternative such as hiring off or laying off labour‚ purchasing or making new tools
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Contents Main characteristics of marketing oriented organisation 1 Types of organizations: 1 Product Oriented organizations: 1 Characteristics of marketing oriented organisation: 1 Explain the various elements of the marketing concept with reference to the Ikea’s marketing activities. 2 5 Cs of Marketing 2 4Ps of marketing are: 2 Identify and critically assess the benefits and costs of marketing approach for Ikea. 3 Task 1.2 3 A) Identify and explain macro and micro environmental factors
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When considering what factors go into memorializing an event or person and in creating a monument‚ what must groups and agencies consider? What is it that makes a monument stand out from all the rest‚ is it the bold message the monument states‚ is it preserving the monument‚ or is it the monuments location? What stands out above all the rest to me when creating a monument? It’s the pure site of the monument‚ the long lasting impression that stays with you after viewing a monument. Being able to look
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shape one ’s thoughts. So a basic type of information technology might be the proverbial string tied around one ’s finger to remind or inform you that you have some specific task to accomplish today. Here the string stands in for a more complex proposition such as “buy groceries before you come home.” The string itself is not the information‚ it merely symbolizes the information and therefore this symbol must be correctly interpreted for it to be useful. Which raises the question‚ what is information
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to Estate Planning | | The most common questions about estate planning is “Do I really need to do an estate plan?” or‚ “Why do I need to do an estate plan?” If you really care about your love ones‚ you need to plan ahead and stay on top of things to save some time and protect your family in the event of your death. It is also a great financial planning tool that will improve handling assets‚ savings‚ investments‚ and real estate after the owner’s death. Advanced estate planning can be used
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MANPOWER PLANNING The essence of manpower planning is to anticipate the manpower needs of an entire organization and to have the right people‚ in the right number‚ with the right knowledge‚ in the right jobs‚ in the right places‚ at the right time and at the right cost. The planner of a manpower plan should have thorough knowledge of the entire organization it is expected to service. Importance of manpower planning Manpower planning is very important because: 1. It provides management information
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