What function involves setting objectives and the missions of the company?
Planning
This type of planning involves creating long-range broad goals and determining the necessary resources to accomplish those goals.
Strategic Planning
How long does strategic planning normally take?
1 to 5 years
What function involves motivating the employees of a company to achieve the company's goals?
Leading
This type of planning has a shorter time frame and more specific objectives that support the broader strategic goals.
Tactical Planning
Who is at the top of the managerial pyramid?
Top management
What function involves designing jobs and coordinating work activities?
Organizing
This type of planning involves creating specific standards, methods, policies, and procedures that are used in specific functional areas of the organization.
Operational Planning
What is the most populous group of managers?
Supervisors
What function involves measuring performance and comparing performance to standard?
Controlling
This type of planning includes identifying alternative courses of action for very unusual or crisis situations.
Contingency planning
What group is responsible for implementing strategic plans?