Once a firm has clearly defined its objectives,

Question

management needs to identify and list the various activities required in order to
achieve those objectives. Tasks are broken into smaller, closely related activities
that are performed by an individual or department.
paraphrase using simple vocabulary

Answer 1

After a company has set its goals, management must figure out and outline the different tasks needed to reach those goals. These tasks are divided into smaller, related activities that can be handled by a person or a department.