Principles of Information Systems (MindTap Course List)
Principles of Information Systems (MindTap Course List)
13th Edition
ISBN: 9781305971776
Author: Ralph Stair, George Reynolds
Publisher: Cengage Learning
bartleby

Concept explainers

Question
Book Icon
Chapter 11.1, Problem 2RQ
Program Plan Intro

Strategic planning:

  • It denotes a process that helps managers identify desired outcomes as well as formulate plans to achieve objectives.
  • It uses the capabilities and resources that are available.
  • The changing nature of organization and surroundings should be considered.
  • It provides a framework and a direction that is clearly defined for guiding decision making at all levels.
  •  It ensures most effective usage by focusing resources based on priorities.
  • It enables organization to be proactive and take advantage of opportunities as well as trends.
  • It enables all units to work together towards common goal.
  • It provides measures to evaluate performances.
  • It improves communication among the organization.

Blurred answer
Students have asked these similar questions
Suppose you were given the post of Chief Sustainability Officer (CSO) for a big firm. How would you want to be reported to? Under what conditions do you believe that having a reporting relationship with the CIO is the best option for your company?
What major flaws does the widely utilized investment payback approach have?
Is it possible to generate a minimum of six novel recommendations for enhancing the safety of the financial system within a limited timeframe?

Chapter 11 Solutions

Principles of Information Systems (MindTap Course List)

Knowledge Booster
Background pattern image
Computer Science
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, computer-science and related others by exploring similar questions and additional content below.
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Principles of Information Systems (MindTap Course...
Computer Science
ISBN:9781305971776
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Text book image
Management Of Information Security
Computer Science
ISBN:9781337405713
Author:WHITMAN, Michael.
Publisher:Cengage Learning,
Text book image
Information Technology Project Management
Computer Science
ISBN:9781337101356
Author:Kathy Schwalbe
Publisher:Cengage Learning