1. Why is management so important, and what is its purpose?
Management is so important in every organization because management involves in making
decisions about the use of the organizations resources. The purpose of management is concerned
The book identified two public corporations. What are the two corporations and explain
A merger is a public corporation which is formed through the combination of two
Companies. The two companies are usually Corporations in order to form a
HOW ORGANIZATIONS CAN CREATE AN ETHICS CULTURE
Business ethics refers to a form of applied ethics or professional ethics that examines ethical
principles and moral or ethical problems that arise in a business environment.
Be a role model and be visible;
PROCESS OF CREATING A MISSION STATEMENT
Mission statement: It is a written declaration of an organizations core purpose and
focus that normally remains unchanged over time. It describes a companys function, markets
and competitive advantage.
Activities that comprise a strategy evaluation
The main constituents of a strategic statement are as follows:
An organizations main goal is the purpose that it and why it will continue to exist,
providing it maintains a competitive edge