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Unformatted text preview: responsible manager. An organization structure, commonly referred to as a hierarchy, outlines the framework in which work activities are accomplished. This structure is depicted graphically by means of an organizational chart. Work teams are established by management in order to complete specific projects. Not all projects require work teams. The Objectives-Compare and contrast planning and strategic management-Define planning and distinguish between formal and functional plans-Define strategy and explain the various levels of strategies-Explain the differences between missions, objectives, policies, procedures and rules-Discuss the components of a SWOT analysis-Discuss international business-Explain why countries trade with each other-Describe the strategies organizations use to compete in the global economy Denotes a Core Learning Outcome!...
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- Spring '10