Management, 13Th Edition
13th Edition
ISBN: 9780133910292
Author: Stephen P. Robbins & Mary A. Coulter
Publisher: PEARSON
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Chapter 8, Problem 6RDQ
Summary Introduction
To determine:
The difference between planning involved in a for profit organization like C company and not for profit organization like A company
Introduction:
Planning refers to the process wherein the managers think about the task and activities that needs to be undertaken for attaining the desired objective or goal. Planning is the first step to attain the desired outcome. In other words, Planning is thinking before action actually takes place. It is about deciding in advance to deal with the situation that might occur in the near future.
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How can organizations use scenario planning to prepare for potential future events and challenges? What are some best practices for conducting scenario planning exercises?
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