Alternatives Internal Planner Probability of completing the planning On Time 1 Week Late 2 Week Late 3 Week Late - Outsourcing Joint Work .4 .5 .1 .2 .4 .3 .1 .1 .3 .4 .2

Management, Loose-Leaf Version
13th Edition
ISBN:9781305969308
Author:Richard L. Daft
Publisher:Richard L. Daft
Chapter7: Planning And Goal Setting
Section: Chapter Questions
Problem 3OTJVC: What did you learn about some of the real benefits and limitations of planning by watching this...
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WZ Inc. is an event planning and promotion company who organizes events of different sizes for their 
clients. Planning and managing events have more than their fair share of frustrations and stressors. 
From last-minute changes to procrastinating clients, the profession isn’t for the faint of heart. Luckily, 
executing a successful event makes everything else (like the crazy long hours) worth it. There is a major 
event planning project due in 8 weeks. The penalty for planning the event late is $14 000 per week,

 

 

Alternatives
Internal Planner
Probability of completing the planning
On Time 1 Week Late 2 Week Late 3 Week Late
-
Outsourcing
Joint Work
.4
.5
.1
.2
.4
.3
.1
.1
.3
.4
.2
Transcribed Image Text:Alternatives Internal Planner Probability of completing the planning On Time 1 Week Late 2 Week Late 3 Week Late - Outsourcing Joint Work .4 .5 .1 .2 .4 .3 .1 .1 .3 .4 .2
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