Managerial Planning Vocabulary

Managerial Planning Vocabulary

Assessment

Flashcard

Business

12th Grade

Easy

Created by

Precious McKoy

Used 1+ times

FREE Resource

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31 questions

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1.

FLASHCARD QUESTION

Front

The process of setting goals and figuring out the best way to achieve them. It involves creating a detailed plan that outlines necessary resource allocations, schedules, tasks, and actions.

Back

Planning

2.

FLASHCARD QUESTION

Front

A desired future state that an organization aims to achieve. Goals define the organization’s purpose and specify future outcomes.

Back

Goal

3.

FLASHCARD QUESTION

Front

A detailed plan or outline that guides the achievement of goals, including resource allocations, schedules, tasks, and actions.

Back

Blueprint

4.

FLASHCARD QUESTION

Front

The process of distributing available resources efficiently to achieve the organization’s goals.

Back

Resource Allocation

5.

FLASHCARD QUESTION

Front

A plan that outlines when tasks and activities should be completed to achieve the goals.

Back

Schedule

6.

FLASHCARD QUESTION

Front

A specific piece of work required to be done as part of the plan to achieve the goals.

Back

Task

7.

FLASHCARD QUESTION

Front

One of the five management functions that involves arranging resources and tasks to achieve the organization’s goals.

Back

Organizing

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