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Define how the four management functions facilitate effective business performance by addressing the following: Planning: utilize your M11 Discussion: Financial Operations Focus to provide an
- Define how the four management functions facilitate effective business performance by addressing the following:
- Planning: utilize your M11 Discussion: "Financial Operations Focus" to provide an example of the type of plan that a financial manager at Johnson & Johnson could engage in. Include the purpose and goal, anticipated time frame, and extent of coverage for this plan. Next, describe how this management function facilitates effective performance at Johnson & Johnson.
- Leading: utilize your M5 Discussion: "Entrepreneurial Focus" to describe how the entrepreneur that you selected demonstrates leadership. Include the type of power and leadership style that you believe that they demonstrate. Next, describe how this management function facilitates effective performance at their entrepreneurial company.
- Organizing: utilize your M4 Assignment: "Organizational Structure Focus" to provide two examples of how Hewlett-Packard management groups resources and tasks in order to accomplish the organization's plans. Next, describe how this management function facilitates effective performance at Hewlett-Packard.
- Controlling: utilize your M6 Assignment: "Human Resource Management & Motivation Focus" to provide an example of how NBC Universal could apply each of the five steps of the control process to an activity performed by the person working in position that you identified in the installment. Next, describe how this management function facilitates effective performance at NBC Universal.
- Describe the three levels of management and their role in planning by addressing the following:
- Describe the three levels of management.
- Strategic Planning: indicate the level of management involved in this type of planning. Next, utilize your M3 Discussion: "Global Exploration Focus" to describe an example of a strategic decision that could be part of their strategic plan if Kroger decides to expand globally. Include the purpose and goal, anticipated time frame, and extent of coverage for this plan.
- Tactical Planning: indicate the level of management involved in this type of planning. Next, utilize your M9 Discussion: "Technological Focus" to describe an example of a tactical decision that could be made by the Berkshire Hathaway subsidiary company that you selected for the installment. Include the purpose and goal, anticipated time frame, and extent of coverage for this plan.
- Operational Planning: indicate the level of management involved in this type of planning. Next, utilize your M7 Discussion: "Core Purpose Focus" to describe an example of an operational decision that could be made by Caterpillar. Include the purpose and goal, anticipated time frame, and extent of coverage for this plan.
- Contingency Planning: indicate the level(s) of management involved in this type of planning. Next, utilize your M4 Discussion: "Ownership Focus" to describe an example of an unexpected situation that could affect Hewlett-Packard. If you were the manager responsible for this area, provide an example of a contingency plan related to the unexpected situation that you would recommend.
- Discuss the relationship of the SWOT analysis to effective strategy formulation by addressing the following:
- Strengths: utilize your M8 Discussion: "Distribution & Promotion Focus" to describe an example of one strength related to Procter & Gamble's promotional mix. Next, describe how this part of the SWOT analysis results in effective strategy formulation for Procter & Gamble.
- Weaknesses: utilize your M8 Assignment: "Marketing Strategy Focus" to describe an example of one weakness related to Procter & Gamble's strategy for the product that you identified in the installment. Next, describe how this part of the SWOT analysis results in effective strategy formulation for Procter & Gamble.
- Opportunities: utilize your M2 Assignment: "Ethics & Social Responsibility Focus" to describe an example of one opportunity that Kimberly-Clark can utilize in order to fulfill an additional economic, legal, ethical, or philanthropic responsibility. Next, describe how this part of the SWOT analysis results in effective strategy formulation for Kimberly-Clark.
- Threats: utilize your M1 Discussion: "Business & Economic Environment Focus" to describe to describe an example of one macroeconomicandone microeconomic threat that could affect PepsiCo. Next, describe how this part of the SWOT analysis results in effective strategy formulation for PepsiCo.
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