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Managers consider the organizational goals and mission statement when preparing a budget and for strategic planning...

Managers consider the organizational goals and mission statement when preparing a budget and for strategic planning purposes. Discuss why this is important for organizations. Discuss the advantages of following organizational goals and the disadvantages of ignoring them

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Goals are indeed powerful as they drive the people in achieving some of the desirable outcomes on the whole. The goals set drive the employees towards the profitable ways. The advantages of setting goals is that you are guided to chase an established score for which everything seems to be vulnerable. Apart from that the organisational goals enable you to achieve heights in the future. The disadvantages of not setting goals include lack of orderly production ,improper utilisation of labor, less profitable terms and also at times this can lead to losses on the whole.

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