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  • Ali B. Sumndad Exercise 4

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    Johayria Sumndad
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    This document discusses key concepts in planning including: 1. The planning process establishes organizational goals to provide guidance and unified direction. 2. Strategy consists of determining an organization's strategic alternatives at both the business and corporate levels. 3. A SWOT analysis carefully evaluates an organization's internal strengths and weaknesses as well as external opportunities and threats, enabling them to create and implement effective strategies.

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    Ali B. Sumndad exercise 4

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    This document discusses key concepts in planning including: 1. The planning process establishes organizational goals to provide guidance and unified direction. 2. Strategy consists of determining an organization's strategic alternatives at both the business and corporate levels. 3. A SWOT analysis carefully evaluates an organization's internal strengths and weaknesses as well as external opportunities and threats, enabling them to create and implement effective strategies.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    9 views1 page

    Ali B. Sumndad Exercise 4

    Uploaded by

    Johayria Sumndad
    This document discusses key concepts in planning including: 1. The planning process establishes organizational goals to provide guidance and unified direction. 2. Strategy consists of determining an organization's strategic alternatives at both the business and corporate levels. 3. A SWOT analysis carefully evaluates an organization's internal strengths and weaknesses as well as external opportunities and threats, enabling them to create and implement effective strategies.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    4

    FOUNDATI
    ONS OFPLANNI
    NG

    Name:Al
    iB.Sumndad. Year
    /Cour
    se&Sect
    ion:
    1BSAB-
    B

    CHAPTEREXERCI
    SE#4

    1.Summar
    izet
    hepl
    anni
    ngpr
    ocess,
    anddescr
    ibeor
    gani
    zat
    ional
    goal
    s.

    Answer:. Planni
    ngpr ocessi stheprimarymanagementfuncti
    onbecauseitestabl
    i
    sht he
    basi
    sf orallt
    heot herthingsmanager sdoast heyor
    ganize.Organi
    zati
    onsgoalsaret o
    provi
    deguidanceanduni fieddirect
    ionforpeopl
    ei nor
    ganizat
    ion.Goalcanhelpevery
    one
    underst
    andwheretheor ganizat
    ionisgoingandwhygetti
    ngthereisi
    mportant
    .

    2.Di
    scusst
    hecomponent
    sofst
    rat
    egyandt
    ypesofst
    rat
    egi
    cal
    ter
    nat
    ives

    Answer:.Mostbusinesstodaydevel
    opst
    rat
    egiesatt
    wodi st
    inetl
    evel
    s.Thebusinessl
    av el
    and corporat
    elevel.Str
    ategy i
    s setofprocess i
    nvol
    ved in cr
    eat
    ing or determi
    ning
    organi
    zati
    onsstr
    ategy.

    3.Whati
    saSWOTanal
    ysi
    s,andwhyi
    siti
    mpor
    tantt
    omanager
    s?

    Answer:SWOT anal
    ysi
    si sacarefuleval
    uati
    onofanor ganizat
    ioninter
    nalst
    rengt
    hand
    weaknessaswellaswellasit
    'senvi
    ronmentoppor
    tuni
    tyandt hr
    eat
    s.Todev el
    opskil
    land
    capabi
    li
    ti
    esenabl
    etoanorgani
    zati
    ontocreat
    eandimplementsit'
    sst
    rategi
    es.

    4. “
    Organi
    zat
    ionsthatfai
    ltoplanareplanni
    ngt
    ofai
    l
    .”Doy
    ouagr
    eeordi
    sagr
    eewi
    th
    thi
    sstat
    ement?Explai
    nyouranswer.

    Answer:
    .Idi
    sagreewit
    ht hi
    sstatementbecauseaboutdeci
    sionmaki
    ngplanni
    ngi st
    hemost
    cruci
    alchoi
    cesthatorgani
    zationshadandf ormyopi ni
    onwemustensur et hatt
    heri
    ght
    thi
    ngsdoneatri
    ghtti
    mef ortheult
    imat
    esuccessdependsont hewayi
    t'
    scarri
    edout.

    5.Whati stact
    icalpl
    anni
    ng?Whatisoper
    ationalpl
    anning?Whatarethesi
    mil
    arit
    iesand
    di
    ffer
    encesbetweenthem?
    Answer:Thistwokindofplanni
    ngtheyhavetheirsi
    milar
    it
    iestofocusandtosustai
    nwhat
    or
    ganizat
    ionneedstohave.

    Lear
    ningModul
    einPr
    inci
    plesofManagement 1|
    Page

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