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A-Z Goal Setting and Planning (Scenario)
Organizations ABC and XYZ are both in the same industry and vie for the same set of customers in the marketplace. At ABC, goals are set at the top level of management each year and then broken into subgoals for each organizational level. Similarly, plans are developed at the top level and then reformulated and delegated to managers at the middle and lower levels. At XYZ, goals are developed at the top level, and then those managers meet with their subordinates at the next lower level to establish mutually agreeable goals. The middle managers then meet with the first-level managers to establish mutually agreeable goals. Finally, the first-level managers meet with each of their employees and establish mutually agreeable goals. Annual plans are then developed by organization members at all levels to meet their specific needs.
-Assuming that XYZ's hierarchy of goals is clearly defined,the resulting integrated network of goals could also be called a ________ chain.
Duty-Based
An ethical framework that focuses on the obligations one has towards others, emphasizing the performance of duties as morally right actions.
Stare Decisis
A legal principle where courts are obliged to respect the precedent established by previous decisions.
Kimble V. Marvel
A United States Supreme Court case that upheld the precedent that patent licensors cannot charge royalties for the use of their patents after their patents' terms have expired.
Licensing Agreement
A legal contract permitting one party to use another's intellectual property, products, or branding under defined conditions.
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