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Learning Activity #1 - Theme 1
The 21st century manager is the person tasked to implement the leader's vision and mission for the organization. The manager does this with the help of Fayol's theoretical framework known as the four pillars of management: planning, organizing, leading, and controlling. This week, we begin our examination of the four pillars of management with the first function, planning.
The planning stage of management is considered by most to be the most important because of the advantages that planning has for achieving goals. Due to the complexity of the business landscape in the 21st century managers are faced with planning and the need for quick change. The agile organization attempts to address the advantages and disadvantages of planning.
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
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