A well-conceived plan allows managers the ability to ________.
A) set static goals and still be flexible
B) control lower-level managers from implementing change
C) conservatively estimate costs so that actual operating results will be favorable when comparisons are made
D) take advantage of unforeseen opportunities

Question

Quizplus · Accepted Answer

A well-conceived plan allows managers to take advantage of unforeseen opportunities by providing a framework for them to make quick and informed decisions. Static goals (option A) do not allow for flexibility, and conservative cost estimates (option C) do not necessarily result in favorable operating results. Controlling lower-level managers (option B) is not the primary benefit of a good plan.

A Well-Conceived Plan Allows Managers the Ability to ________