Seminar paper from the year 2009 in the subject Business economics - Business Management Corporate Governance grade: 20 University of Applied Sciences Berlin language: English abstract: The challenge of planning steering and controlling all activities of a company requires a widerange of decisions made by the management. Management itself can be divided into threesubcategories: normative management strategic management and operative management withstrategic management linking normative and operative management.Subject of this paper is the explanation of the impact of normative management on the strategicorientation of a company with focus on the importance of a mature vision mission and goals.
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