COMMERCE 1E03 Chapter Notes - Chapter 8: Root Mean Square, Swot Analysis, Virginia Army National Guard
10 Apr 2018
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Leadership, organization, and production to satisfy customers. Controlling: involves establishing clear standards to reward people for doing a good job, and taking correc ve ac on if work is not proceeding according to plan o making sure what occurs meets organiza onal goals. Swot analysis: analysis regarding strengths, weaknesses, opportuni es and threats o internal strengths and weakness are compared and rela ve to compe tors. Elements which analysed referred to primo-f: people, resources, innova on, marke ng, opera ons, and nance: opportuni es and threats. Pestle: poli cal, economic, social, technological, legal, and environmental: di erence between where the organiza on wants to be and the swot analysis is the gap. Strategic planning: outlines how organiza on will meet its objec ves and goals o policies regarding usage or resources: what customers to serve and what kind of products to serve them, topmanagershandlethis.
