One purpose of assessing the external environment is to identify both, ________________ that could benefit the company and ___________ to its success

1. Clarify the expected behavior and output of employees — or volunteers and others.

An important characteristic of the objectives is, that _______________ over time

The overall plan is broken down into more manageable, shorter-term components called ____________________. These plans specify the activities and allocation of resources (people, equipment, money) needed to implement the overall strategic plan over a given period.

Successful managers anticipate and plan for the unexpected. Dealing with uncertainty requires to have a _______________ to overcome to the unplanned. situations.

They develop alternative courses of action in case an anticipated change does occur.

_________________are major accomplishments that the company wants to achieve over a long period (say, five years).

___________________ are shorter-term performance targets that direct the activities of the organization toward the attainment of a _________________

Approach used to assess a company’s fit with its environment by analyzing its strengths, weaknesses, , opportunities, and threats.

Levels of managers

Planning begins with _______________________ the process of establishing an overall course of action.

This chart stands for Program Evaluation and Review Technique. It illustrates a project as a network diagram. The U.S. Navy created this tool in the 1950s as they developed the Polaris missile

Used while a project is happening to break projects into smaller tasks and highlight scheduling constraints

Allocates resources (people, equipment, and money) to achieve a company’s plans.

An arrangement of positions that is most appropriate for your company at a specific point in time

A set of assumptions that are derived from forecasting the future. It is a logical and systematic estimate of the future factors that can affect planning .

Alternatives or courses of action that show the ways and resources that must be used to achieve what is planned .

It is a collection of organizational resources that is geared to accomplish a certain major goal or set of goals.

For-profits often use the term for very large business efforts that have limited duration and a defined set of deliverables.

It is a preliminary financial plan for a given time period, generally a year. At the end of the stated period, you compare actual and projected results and then you investigate any significant discrepancies.