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Yet, this is a more complex procedure then it seems. Goals must first be identified, plans must be established, and resources allocated. Target also structures the planning around the organizational chart. Decision-making has to go down the chain of command and during this process, appropriate changes are made and new plans are implemented.
This type of corporate governance results in a high degree of accountability on all levels of a corporation, and therefore has a tremendous affect on the way an organization is administered. Some of the principles of this corporate governance include recognizing the legal and ethical responsibilities to stakeholders in the organization...
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