Can be described as the identification of the purpose of the organization and the plans and actions to achieve that purpose

(a)  

a person who are most responsible for the success or failure of an organization

(a)  

A person who performs several functions such as planning , controlling, organizing, staffing,and directing

(a)  

this stages includes the developing a vision and mission, identifying an organization’s external opportunities and threats ?

(a)  

this stage requires a firm to establish annual objectives and a formulated strategies can be executed?

(a)  

This strategy refers to the process in which the business determines the effectiveness of the company and its ability to reach its future goals

(a)  

During this early phase, top-level managers simply require different departments and functional areas to prepare budgets and targets based on information generated within the company. A simple one-year period analysis should be conducted.

(a)  

During the second phase, the top-level management merely extends the time period od the planning process from one year to five years. Information and data used in setting projections by various functional units and departments are still coming from within the company.

(a)  

Given the disadvantages of the first two phases, for example, the system becomes highly political as units compete for bigger budgets, and more meetings are spent for proper justifications, the planning process is assigned to selected staff to devise a strategic plan with little participation and input from the lower levels.

(a)  

For strategic plans to be effective, the various inputs and participation from different levels of management, units, and departments should be considered. In short, planning has to be decentralized. Information from within and outside the company is collected and used in formulating strategies, plans, objectives, and goals.

(a)  

The foundation of strategy is a definition of organizational purpose. This defines the business of an organization and what type of organization it wants to be.

(a)  

The analysis stage provides the basis for strategic _____. It allows managers to consider what the organisation could do given the mission, environment and capabilities – a _____which also reflects the values of managers and other stakeholders. (Dobson et al. 2004).

(a)  

depends on ensuring that the organization has a suitable structure, the right resources and competencies (skills, finance, technology etc.), right leadership and culture. (a)   depends on operational factors being put into place.

Organizations set up appropriate monitoring and control systems, develop standards and targets to judge performance.

(a)  

can be defined as “a mental image of a possible and desirable future state of the organization”

(a)  

Based on the enduring values of the organization (“what we stand for and why we exist”), which remain unaffected by environmental changes.

(a)  

Consists of a long-term goal (what we aspire to become, to achieve, to create”) which demands significant change and progress.

(a)  

represents an animating dream about the future of the firm. By its nature, it is hazy and vague.

(a)  

The CEO provides the strategic vision for the organization.

(a)  

The CEO provides visionary ideas and selects people and groups within the organization to further develop those ideas within the broad parameters set out by the CEO.

(a)  

It is a “co-creating approach” in which a wide range of people participate in the process of developing and articulating a vision

(a)  

requires imagination of how events might unfold and the role the firm might play in shaping that future to the firm’s advantage

(a)  

sets the organization apart from others of its type and identifies its scope of operations in product/market terms and the customers it intends to serve

(a)  

according to him a mission statement is more than a statement of purpose. It is

1. A declaration of attitude and outlook
2. A declaration of customer orientation
3. A declaration of social policy and responsibility

(a)  

●The terms (a)   are used in a variety of ways, sometimes in a conflicting sense.

These are explicit principles that the company endorses and lives by, and expects their employees to embrace. (a)   related to integrity, diversity, and customer service are often seen on company websites.

Set of rules that guide the conduct of the business in pursuit of profit and other objectives. Fundamental framework for plans and the basis for decision making. Clear policies make the workplace harmonious.

(a)  

Strategy is the top management’s plan to attain outcomes consistent with the organization’s mission and goals.

(a)  

a qoute from (a)   suggest a vision is one key tool available to executives to inspire the people in an organization.

according to (a)   a well conceived vision consists of two major components which is core ideology and envisioned future

these are explicit principles that the company endorses and lives by and expects their employees to embrace

(a)