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Why is it necessary to monitor and control strategic plans?

Executive managers must monitor and control strategic plans because if they don't, then their goals may not align with the business objectives. By monitoring, they can eliminate projects and objectives that don't fit with their business.


What do top managers rely upon to make strategic decisions?

Managers at this level must often depend on past experiences and their instincts when making strategic decisions.


What decisions does a mayor have to make?

A mayor must make decisions, including where and how money will be spent. They must also decide projects and plans that will affect their town.


What are the barriers of strategic human resource management?

Barriers to strategic human resource planning include inconsistent behavior, failure to implement new plans, and trouble competing with opponents. Strategies by human resource management must be consistent and effective for successful implementation.


When must exposure control plans be updated?

when must exposure control plans be updated


Which quality must Odysseus master in his goal to defeat the suitors and reclaim his kingdom?

Odysseus must master cunning and strategic thinking to outsmart the suitors and reclaim his kingdom. By using his intellect and resourcefulness, he is able to devise plans and schemes that will ultimately lead to his success.


What has the author Mark Conner written?

Mark Conner has written: '7 Strategic Changes Every Church Must Make' 'Transforming Your Church'


Moral lesson of Elves and the shoemaker?

The moral lesson of "The Elves and the Shoemaker" is that generosity and kindness will be repaid in unexpected ways. By the shoemaker helping the elves, they in turn helped him succeed in his business and showed him the value of being selfless.


What would make this organization a better place to work. Please give specific examples?

Management must place as high a priority on employee satisfaction as it does on customer satisfaction, quality, finacials and other strategic performance measured. Every aspect of our business - recruitment, training programs, even bonus plans is liked at employee satisfaction.


Why must establishing goals precede developing plans?

Establishing goals is essential because they provide a clear direction and purpose, guiding the planning process. Without defined goals, plans may lack focus and coherence, potentially leading to wasted resources and efforts. Goals help prioritize actions and establish benchmarks for success, ensuring that plans are aligned with desired outcomes. In essence, goals serve as the foundation upon which effective and strategic plans are built.


What internal sources of information must accountants consider in the examination of prospective financial statements?

strategic plans, budgets, contractual agreements, purchase and sale agreements and commitments, intellectual property rights such as copyrights and patents, royalty and commission agreements


What is the role of CEO in strategic management of a firm?

The CEO must understand that strategic management is his responsibility. Parts of this task, but certainly not all of it, can be delegated.The CEO is responsible for establishing a climate in the organization that is congenial to strategic management.The CEO is responsible for ensuring that the design of the process is appropriate to the unique characteristics of the company.The CEO is responsible for determining whether there should be a corporate planner. If so, the CEO generally should appoint the planner (or planners) and see that the office is located as close to that of the CEO as practical.The CEO must get involved in doing planning.The CEO should have face-to-face meetings with executives for making plans and should ensure that there is a proper evaluation of the plans and feedback to those making them.The CEO is responsible for reporting the results of the strategic management process to the board of directors