Why is it important for all business planning to be integrated?
What will be an ideal response?
For the strategic, functional, and operational plans to work together for the benefit of the whole company, planning must be integrated through all layers. Functional and operational plans should be guided by the company's strategic plans.
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Pat Smith is human resources director for a large bank. Her major goal is to find a person who has developed their ability to effectively work with others in solving organizational problems. Pat is basing her selections on ______.
A. the great person approach B. the trait approach C. the skills approach D. leader emergence theory
Which of the following results is generally considered favorable?
A) A large decrease in the accounts receivable turnover ratio. B) An increase in the inventory turnover ratio. C) An increase in sales along with a larger decrease in the gross profit percentage. D) A decrease in the operating cash flow ratio.
The OWL site developed by Purdue University provides general guidelines for using both APA & MLA style references
Indicate whether the statement is true or false
Good process management should include:
A) a mechanism for identifying what goes wrong and who is responsible. B) a method for creating self-directed work teams. C) at least half time dedicated to each employee's self-actualization. D) an infrastructure for continuous improvement.