NMSU- 21 Prin of Mgmt Module 4 Writing Assignment & Case Study

4	MODULE 4 principles of management, spring, 2021 chapter 5

WRITTEN ASSIGNMENT

Assignments are due no later than 11:59 pm on Sunday, April 4, 2021.

After reading Chapter 5 of the text, please answer the following questions, making sure to use college-level writing and using responses that demonstrate your understanding of the concepts. Upload your answers in either Word or PDF format no later than the due date.

1) Define goals and plans and explain the relationship between them.

2) Explain the concept of organizational mission and how it influences goal setting and planning.

3) Describe contingency planning, scenario building, and crisis planning, and explain the importance of each for today’s managers.

4) Identify the innovative planning approaches that managers use in a fast-changing environment.

5) Define the components of strategic management and discuss the three levels of strategy.

6) Summarize how SWOT analysis can be used to evaluate a company’s strengths, weaknesses, opportunities, and threats.