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Identify/define and explain the significance of the following: August 4 decree.
Four-Step Process
A systematic approach often used for problem-solving or decision-making that includes planning, implementation, monitoring, and review.
Establishing Objectives
The process of defining specific, measurable, achievable, relevant, and time-bound goals that an organization or individual aims to achieve.
Measuring Actual Performance
The process of evaluating the real outcomes of activities or processes against expected or planned outcomes.
Management by Exception
A management style in which the manager intervenes only when performance deviates significantly from standards, allowing for more autonomous operation of processes.
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