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Business Planning and Objectives

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Questions and Answers

Planning is the administrative function that involves defining organizational __________.

objectives

Objectives are the predetermined results or intended __________ that are pursued.

outcomes

Plans are documents that outline the necessary steps to achieve __________.

objectives

Establishing strategies is a part of the planning process aimed at achieving __________ goals.

<p>organizational</p> Signup and view all the answers

Coordination of activities is essential to effectively achieve __________ through planning.

<p>goals</p> Signup and view all the answers

Flashcards

Planning definition

Defining goals, strategies, and actions to reach organizational targets.

Objectives are...

Specific results or desired outcomes.

Plans are...

Documents outlining steps to meet objectives.

Organizational goals

Desired outcomes that organizations strive to reach.

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Administrative function in planning

The process of creating steps to achieve goals.