1. Why is planning important in achieving the goals of a company? 2. Who is responsible for setting goals for the company and identifying ways to achieve them? 3. What are the plans to set? Are these for short term or long term? 4. What are the steps to follow in financial planning? 1. Is success an accident? 2. Why do successful people tell you to plan if you want to be successful? 3. "If you don't exactly where you're going, how will you know to when you get there?" 4. Do you think financial planning plays an important role in your everyday life?

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter1: An Overview Of Financial Management And The Financial Environment
Section1.1: The Five-minute Mba
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Please help me answer all questions at least 3-5 sentences per question only thanks. 

1. Why is planning important in achieving the goals of a company?
2. Who is responsible for setting goals for the company and identifying ways to
achieve them?
3. What are the plans to set? Are these for short term or long term?
4. What are the steps to follow in financial planning?
1. Is success an accident?
2. Why do successful people tell you to plan if you want to be successful?
3. "If you don't exactly where you're going, how will you know to when you get
there?"
4. Do you think financial planning plays an important role in your everyday life?
Transcribed Image Text:1. Why is planning important in achieving the goals of a company? 2. Who is responsible for setting goals for the company and identifying ways to achieve them? 3. What are the plans to set? Are these for short term or long term? 4. What are the steps to follow in financial planning? 1. Is success an accident? 2. Why do successful people tell you to plan if you want to be successful? 3. "If you don't exactly where you're going, how will you know to when you get there?" 4. Do you think financial planning plays an important role in your everyday life?
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