An analysis of the business environment helps managers identify threats and opportunities that face their firm.
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Q48: Objectives should be expressed as broad, general
Q49: Contingency planning involves developing alternative courses of
Q50: Decision making occurs in all management functions.
Q51: Many cities and businesses are now developing
Q52: Continuous planning is not necessary, because plans
Q54: One step in the rational decision-making model
Q55: The SWOT analysis helps firms identify competitive
Q56: Tactical planning deals with setting long-range goals,
Q57: Planning is a continuous process.
Q58: Managers or teams of managers at the
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