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Create objectives for a company

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How do companies determine what objectives should be set? How do successful managers use objectives to achieve the company's vision and the mission?

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Solution Summary

A short review of how a company determines objectives and how managers implement to achieve those objectives.

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A company determines objectives by looking at their mission and vision, identifying what the company needs, reviewing what the company has done previously, and then planning. Planning includes looking at the competition, external factors such as the competition, the supporting industries, the economy, and the resources available. Then ...

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