Management Activities Chp 8

The management activity of setting goals and steps to achieving those goals is:

• Planning

• Organising

• Controlling

The 3 key management activities are:

• Planning, Organising, Controlling

• Planning, Controlling, Organising

• Controlling, Organising, Planning

• Organising, Planning, Controlling

The internal factors in a business that are the things the firm is good at doing and important assets over the competition are called:

• Strengths

• Weaknesses

• Opportunities

• Threats

The external factors that undermine the business ability to achieve its goals are:

• Strengths

• Weaknesses

• Opportunities

• Threats

The short term plans that set targets for weeks and months ahead are called

• mission statement

• strategic

• tactical

• operational

A plan prepared to cope with unexpected circumstances, in other words a back-up plan is called a ________________ plan

When planning one should be SMART. The M stands for

Click on the image above. This image is an example of

• Product organisational structure

• Geographical organisaitonal structure

• Matirx organisational structure

• Functional organisational strucrture

The organisational chart that divides a company's resources into departments is called

• functional

• matrix

• product

• geographical

The management activities that measures the business progress against stated goals is

• Planning

• Organising

• Controlling

• Monitioring