Short-range plans designed to implement the activities and objectives specified in the strategic plan Operational plans: very short-term plans that specify what actions individuals, work groups, or departments need to accomplish to achieve the tactical plan and ultimately the strategic plan. Crisis management (contingency planning): an element in planning that deals with potential disasters such as potential disasters such as product tampering, oil spills, fire, earthquake, computer virus, or airplane crashes.
Matrix Six - Chapter Six Business Foundations: A Changing World (Ferrell et. al 2018) Name: Organizing: the structure of resources and activities to accomplish objectives in an efficient and effective manner. Staffing: the hiring of people to carry out the work of the organization Downsizing: the elimination of a significant number of employees from an organization Directing: motivating and leading employees to achieve organizational objectives. Controlling: the process of evaluating and correcting activities to keep the organization on course Learning Objective 3: Distinguish among three levels of management and the concerns of managers at each level.
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- Spring '14
- Management, Ferrell