A well-conceived plan allows managers the ability to:
A)keep lower-level managers from implementing change.
B)take advantage of unforeseen opportunities.
C)not make decisions again until the next planning session.
D)underestimate costs so that actual operating results will be favourable when comparisons are made.

Question

Quizplus · Accepted Answer

A well-conceived plan allows managers to take advantage of unforeseen opportunities as they have a clear direction and framework to work within. It also allows managers to adjust their plans and strategies accordingly based on changing circumstances or new information. A well-conceived plan does not aim to restrict lower-level managers from implementing change or underestimate costs to produce favorable results.

A Well-Conceived Plan Allows Managers the Ability To