Management 201 October 1, 2013 Chapter 7: Managerial Planning and Goal Setting Planning is Fun (damental): All of the other management functions stem from planning. How do you plan for an undefined future? No plan is perfect. Without plans and goals, organizations flounder. Goals and plans: A goal is a desired future state that the organization attempts to realize. A plan is a blueprint for goal achievement and specifies the necessary resource allocations, schedules, tasks, and other…
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