Describe the differences between objectives, policies, procedures, and rules.

TEXTBOOK: MANAGEMENT NOW – Skills for 21st Century management by Ghillyer

Case Assignment # 1 is based on your Chapter THREE / Planning and Decision Making
Answer questions 1 through 4.
1) Why is it necessary to plan? How is most planning conducted?
2) Describe the differences between objectives, policies, procedures, and rules.
3) What are the three stages in the decision-making process?
4) Should a manager make planning decisions on the basis of gut instinct? Why or why not?
Your answers should be about half to a full page of writing per question in an essay format APA Style of Writing. No less than 150 words per answer. Late submission carries a 10% penalty
DISCUSSION BOARDS:

1. Management has often been described as a universal process meaning the basics of management are transferable and applicable in almost any environment. Do you believe a good manager in a bank could be equally effective in a college or university? Give us your comments or opinion..!!

2. From a managerial standpoint, what are the real benefits of having satisfied employees? Give us your comment or opinion..!!

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