Planning process :Steps in planning
The process of planning involves the following steps Analysing environment. At the outset the internal and external environment is analyzed in order to identify company…
Principles Of Management
Preparing the Derivative plans
Derivative plans involve short rang operating plans that are useful in day-to-day operations these plans are developed through the 1 Schedules 2 Budgets 3 Programmes…
Advantages benefits of Planning
Provide a sense of direction. Without planning manager would fail to make proper decisions , and hance there would be chaos ,not activity in the…
Stratigies and Policies
STRATEGY : The determination of the purpose and the basic long term objectives of an enterprise, and the adoption of course of action and allocation…
The Strategic Planing Process Steps
INPUTS: It includes People Capital Managerial skills Technical skills Goals of claimants Enterprise Profile : It is the starting point for determining where the company…
Internal Analysis
The internal analysis is a comprehensive evaluation of the internal environment’s potential strengths and weaknesses. Factors should be evaluated across the organization in areas such…
SWOT Analysis
SWOT analysis is a simple framework for generating strategic alternatives from a situation analysis. It is applicable to either the corporate level or the business…
SWOT Profile
When the analysis has been completed, a SWOT profile can be generated and used as the basis of goal setting, strategy formulation, and implementation. The…
External Analysis
An opportunity is the chance to introduce a new product or service that can generate superior returns. Opportunities can arise when changes occur in the…
Kinds Of Strategies And Policies
Major kinds of strategies and policies need to developed in areas such as growth, finance, organization, personnel, public relations, products or services and marketing ….