qualitative and quantitative techniques of management in planning, directing, reporting, and controlling activities for enhancing their administrative and academic decision-making capability. The study was directed to the top and operative organizational levels in two categories of administrators (nonacademic and academic) to determine the types of managerial techniques used, degrees of familiarity with these techniques, frequency of use, managerial benefits and constraints, and individual and organizational
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without a formal budget. Even some businesses that have a budget seldom consult it, meaning they are not gaining the business advantages that they could be through budgeting. For start-up entrepreneurs, a budget is like a roadmap that can help them set goals and evaluate the legitimacy of their business idea. For established small businesses, a budget can be used to take the pulse of the business, determining how the business is performing through the years, and helping identify possible future investments
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to ultimately deliver to the expectations of our clients, and effective management through planning/organizing, staffing, leading, and control are key to our continued success. In this paper I will discuss these concepts and, specifically, how they are implemented within our company. The planning and organizing functions within an organization serve, perhaps, the most important purpose – determining the goals of the company and how to achieve them. An organizational plan is ever evolving as a result
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THESIS PROPOSAL INFORMATION MANAGEMENT SYSTEM (IMS) BY 2012 SUBMITTED TO ______________________
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to consumers. Example: Car wash, repairing electronic things, performances and medical check up. 2) What is Strength- Weakness- Opportunity- Threats (SWOT) analysis? Explain detail about the SWOT analysis. SWOT analysis is a strategic planning method used in a project or in a business venture. It involves specifying of the business ventures and identifying the internal and external factors that are favorable and unfavorable to achieve that objective. A SWOT analysis must first start with
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are responsible for the attainment of organizational goals by planning, organizing, leading, and controlling the efforts of others in the organization are called __________. a. executives b. coordinators c. managers d. bosses 3. When starting a company, what sequence of steps should a person take? a. organize, plan, control, lead b. organize, plan, lead, control c. plan, organize, lead, control d. plan, organize, control, lead 4. Which managerial function involves designing the organization’s or workgroup’s
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Chapter 7 Information & Decision Making 1. Information, Technology & Management a. Must-have competencies i. Technological competency-ability to understand new technologies & to use them to their best advantage ii. Information competency-ability to locate, gather & organize information for use in decision making iii. Analytical competency-ability to evaluate & analyze information to make actual decision making problems b. What is
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What is meant by rational decision making? Explain the steps of rational decision making with a suitable example. (20) Q. 3 a) Define Management By Objective (MBO). Differentiate between Strategic planning, Tactical planning and Operational planning. (2+10) b) Explain the following planning tools: i) Forecasting ii) Benchmarking iii) Scheduling iv) Budgeting (2+2+2+2) Q. 4 a) Define the term “Delegation”. Also describe the seven steps to effective delegation. (3+7)
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jurisdiction. Budgeting is a unified series of steps to line and implement four functions: ❑ policy development – as policy instrument, CEO and legislative body need to articulate the goals, objectives and strategies that underline the budget – the flip side of proposing policy changes is accountability ❑ financial planning – includes gov’t financial condition; current/past-year trend financial act. by dept or prog; formal revenue est; look to the future to anticipate events/conditions; ensure debt service
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