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Which three tasks are associated with the management function known as organizing?
Organizing creates an organization chart showing lines of responsibility and authority Organizing designs the structure of the organization Organizing places employees and resources where they will be effective in achieving the organization's goals
______ is the process used to accomplish organizational goals through planning, organizing, leading, and controlling people and other organizational resources.
Management
Which of the following are part of a situation analysis (SWOT)? (Select all that apply)
Weaknesses Strengths Opportunities
The management function that involves creating a vision for the organization, communicating it to others, and motivating them to achieve goals is
leading
A(n) Blank______ is a specific, short-term statement of how to achieve the organization's long-term Blank______.
objective; goals
What function of management designs the structures and systems in which everyone works together to achieve the organization's goals and objectives?
organizing
A SWOT Analysis is a(n) Blank______ tool used to analyze an organization's strengths, weaknesses, opportunities, and threats. Multiple choice question. organizing
planning
A mission statement should address an organization's Blank______. (Check all that apply)
self-concept customer needs
Top management sets the vision for the organization and may work with others to establish a mission statement that outlines its
self-concept product or service offering
What are two characteristics that define goals?
They are long-term. They are broad.
Which of the following are decided by top management during strategic planning?
Which customers to serve When to serve customers What products or services to sell
An organization that sets its vision hopes to achieve what two objectives?
giving the organization a set of values giving the organization a sense of purpose
The type of planning done mostly by top management is ______ planning.
strategic
The process of determining the major goals of the organization and the policies and strategies for obtaining and using resources to achieve those goals is called
strategic planning
What are two reasons a firm would use a SWOT analysis?
to evaluate a company's ability to pursue market opportunities and defend against threats to evaluate the strengths and weaknesses of a company's resources
An organization's Blank______ gives it a sense of purpose and a set of values that unites workers in a common destiny.
vision
An organization's Blank______ is a broad explanation of why the organization exists and where it is trying to go.
vision