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- What are multiple goals? What is a goal hierarchy? How are these concepts related?What did you learn about some of the real benefits and limitations of planning by watching this video?What do you think are some of the difficulties of adding 25 percent more employees for the holiday season? what kind of planning do you think would be needed?
- At the beginning of a fiscal year, your organization established several goals. As part of these goals, you have been tasked with replacing the wired Ethernet network with a wireless network. It has been estimated that this process will take 18 months. Of which type of goal is this an example? (30-50-word explanation) A) Operational goal B) Strategic goal C) Mid-term goal D) Tactical goalIn Chapter 1 of the text, goal setting is discussed. Select a business-related or professional goal (e.g. lose weight, complete a course of study, find a new job, etc.) you want to achieve in the next 12 months. Address each part of the SMART technique -- Specific, Measurable, Achievable, Realistic, and Time-bound– providing relevant details about the goal for each component of the goal-setting process.1) S1: A Strategy Map is a useful tool that graphically illustrates the cause-and-effect relationships and connects the Balanced Scorecard strategy with an organization’s operating activities. S2: In order for the balanced scorecard to succeed, the entire organization must be behind it. Only S1 is correct Both statements are correct Both statements are incorrect Only S1 is incorrect 2) S1: To link measures to a strategy, they must be derived from management and be balanced. S2: The primary purpose of the balanced scorecard is obtaining increased operating profits for the current year. Both statements are incorrect Only S1 is correct Both statements are correct Only S1 is incorrect
- As a manager, create a list of 5 measurable goals for your team leaders that each should achieve within the next three months. Then create 3 measurable goals for your team leaders that should be achieved in 6 months. Finally, create 2 measurable goals for your team leaders that should be achieved in 12 months. Ther should be a total of 10 SMART Goals all together.A recent IBM research of 585 mobile application developers and managers revealed that just one-third of projects met their budget, schedule, and objectives. What are the risks, therefore, for companies like FIMC that rush to market with innovative mobile applications?1. Which of the following is a strength of top-down planning?Group of answer choices Identifies changes in the planing environment and can adjust to them Focuses on short-term problems Uses current technologies Produces incremental improvements
- Creative Homework/Short Project An important part of planning is aSWOT analysi.s.. understanding an organization's strengths. weaknesses.opportunities. and threats. Prepare a SWOT analysis for Panera Bread thatincludes three or four items in each of the four SWOT categories1. Using the Opportunity-Loss (aka minmax regret) strategy: What is the Maximum Regret if "One Examiner" is hired? 2. Using the Opportunity-Loss (aka minmax regret) strategy: What is the Maximum Regret if "Two Examiners" are hired? 3. Using the Opportunity-Loss (aka minmax regret) strategy: What is the Maximum Regret if "Three Examiners" are hired? 4. If she uses the Opportunity-Loss (aka minmax regret) strategy, how many new examiners will she decide to hire?1. Roger is telling Mary the first three steps in planning an organization. In the correct order, they are ____. Writing a mission statement, creating a vision statement, and strategic planning Strategic planning, creating a mission statement, and creating a vision statement Strategic planning, operational planning, and preparing a vision statement Tactical planning, operational planning, and writing a mission statement Operational planning, creating a mission statement, and developing a hiring plan.
