In addition to providing directions and reducing the risk of uncertainty, planning helps managers in the many other ways. Explain any four such ways.
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In addition to providing directions and reducing the risk of uncertainty, planning helps managers in the many other ways. Explain any four such ways.
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- Define and describe the different types of plans defined in Table 17.1 and how organizations use them.How do the internal and external environments of the organization and its strengths and weaknesses impact the planning process?What are the advantages and limitations of different types of planning methods, such as scenario planning or contingency planning?
- Why is scenario planning important in business or in the workplace? How is scenario planning different from strategic planning? Explain it clearly so that I can easily understand. And also give example.Making Planning Effective Planning may be made succesful if the following are observed, but why would it be successful? Recognize the planning barriers Use of aids to planningCan you explain the concept of scenario planning and how it can help organizations prepare for future uncertainties?
- Discuss. What strategies can organizations use to mitigate risks and uncertainties associated with external planning premisesHow can organizations use scenario planning to prepare for uncertainty and potential future challenges? What are the potential benefits and drawbacks of this approach?What strategies can organizations use to mitigate risks and uncertainties associated with external planning premises
- What are the ethical considerations in planning? Discuss the importance of ethical decision-making in the planning process and how organizations can ensure integrity, transparency, and fairness in their planning efforts.discuss the importance of feedback and control in the planning process. how do organizations monitor and adjust their plans to ensure they stay on track?What are the potential risks and uncertainties associated with planning, and how can organizations mitigate these risks through contingency planning and risk management strategies?