Formal planning typically leads to which of the following?
A)higher profits
B)lower productivity
C)higher sales, but lower profits
D)tension between different management levels

Question

Quizplus · Accepted Answer

Formal planning involves setting goals and objectives, creating strategies, and determining the necessary resources to achieve them. This process helps organizations to identify potential obstacles and opportunities, and allocate resources accordingly. This can increase efficiency and effectiveness, leading to higher profits.

Formal Planning Typically Leads to Which of the Following