MGT 521 Week 2 Knowledge Check Essays

Goals within my organisation look at where we would continue to strive towards. They are long term aims. They are stated in our professional development plan stating:-

Week 4 Knowledge Check Concepts Mastery Score: 16/20 Questions LEVEL OF DATA MEASUREMENT 100% 1 CONFIDENCE INTERVAL FOR THE MEAN 100% 2 PROBABILITY RULES 100% 3 LINEAR REGRESSION PREDICTION 100% 4 INTERPRETING P VALUE 100% 5 VISION 100% 6 EXTERNAL AND INTERNAL ENVIRONMENTS 100% 7 0% 8 100% 9 STRATEGIC CONTROL 0% 10 FINANCIAL STATEMENTS 0% 11 100% 12 OBJECTIVES AND GOALS SOCIAL RESPONSIBILITY GAAP (GENERALLY ACCEPTED ACCOUNTING PRINCIPLES) BALANCE SHEET 100% 13 FIFO AND LIFO 100% 14 INTERNAL CONTROLS 100% 15 DEPRECIATION

For presenting my initial and ongoing personal development plan there is need to first conduct personal analysis using SWOT, to know about my strengths and weaknesses, and what external opportunities or threats might affect any plans I take. As, this will shape the background to any developmental plan.

At a comprehensive point of view, a(n) _____ includes anything an employee values and desires that an employer is able and willing to offer in exchange for employee contributions.

How can man evolve to be the apex of living beings if the fact suggest the process of evolution goes the other way

11. Explain the purpose and benefits of agreeing work goals and plans when working with others (2.3)

During this class there have been many interesting topics being discussed; topics that I didn’t even begin to think about. After reading Chapter 18 and learning about the importance of performance planning and setting performance objectives, it has opened my eyes up to a lot more ideas. Having a vision and plan to not only make yourself succeed, but those around you and the company is a part of managing performance and objectives.

Signature also authenticates the text and voluntary act. Recognition of customary international law is generally determined through two factors: the general practice of states and what states have accepted as law.

Which layer of the OSI reference model handles logical addressing (IP addresses) and routing traffic?

Strategic Planning is the largest portion of Kent’s day to day function. He also relies heavily on his technical expertise as part of this planning process. The scope of his organization’s planning is vast. Kent’s strategic planning comes from anywhere from substation design, to transmission line design, while keeping corporate values and regulatory concerns addressed. Goal setting is another important function to Kent. He needs to know what is going on (K. T. Larson, October 15, 2008). In order for goal setting to occur, a way of measurement is required. Score Cards, are his preferred method. Score cards, done correctly, can all roll up into each other. Starting with a broad base, each business unit can roll up into a higher business unit until they reach the corporate level. This process not only helps the individual business units reach their goals, but also assure that corporate goals can be attained as well.

1.2 Describe the components of a plan which manages the team’s use of resources to achieve the teams objectives...........................................................................................................................7

When performing strategic goal setting, the business analyst needs a framework for organizing goals. Strategic goal setting activities include categorizing each goal as being one of four types:

A successful person chooses goals to achieve something that is of great value and importance to them. This in turn motivates the person to achieve the goal because when the desired outcome is very important to a person, that person will be determined to persevere. Goal setting also improves a person 's organizational and time management skills because goal setting requires prioritization and that leads to the successful and sequential completion of necessary tasks. Once a person defines and prioritizes goals a plan should be drawn out detailing how this goal will be achieved. Goals and the time-line for their completion should be clearly defined, it is also important that a person 's

The main pitfall of planning is the misconception members have believing that planning solves problems. Too often, planners rely on opinions and hunches rather than facts. Once a plan has been established, all members in the organization need to be aware that issues may arise down the line and work environment can change unexpectedly. Some companies become so committed to achieving their goals that they fail to recognize the incremental changes in their plan and work environment. The lack of flexibility and creativity in an action plan can significantly affect an organization’s purpose. Another comparison to a good planning is the goal setting process. Goal setting can help turn a company’s vision into a reality, if the process is used accordingly. By precisely knowing what to achieve, associates can focus their effort on what is more important than on things that are less important. Goals require flexibility in the process, if there is no flexibility added to the process, goals would soon provide no reason at all. One way of setting effective and achievable goals is to use the S.M.A.R.T guideline. The S.M.A.R.T guideline is the first component of the goals setting process and is a useful tool in planning. The acronym stands for Specific, Measurable, Attainable, Realistic, and Timely. Clear and Specific goals are easier to accomplish than common goals because it contains a specific reason that clearly defines what is about to happen. In addition to being

As I seek to enter the workforce/company, one of the first things that I wish to remember is the importance the company has placed on their strategic planning and goals. How decisions made by this team will directly affect the operations, finance, accounting, purchasing and administrative departments. The things that help to make any organization successful, are the value the organization places on their strategic, and operational goals. Therefore, before taking a position with a company I hope to learn as much as I can about the various functions of the company, and how each department works with the next in order to achieve these goals. Thus, I hope to use the knowledge I have gained in this class in operations management to access the company’s operational strategies. This should be reflective in their mission and vision statements as well as their financial reports. I would also look for the value they place on ethics, corporate responsibility and giving back to the community. I feel a company’s success will be directly tied to how effective they are in meeting the daily challenges of processes/production/service, operations, and sales. The value placed on these specific areas will be evident by their success and reflective in both their short and long term goals, in their financial statements.