Which of the following is true of opportunistic and formal planning?
A) Firms that use only opportunistic planning will have no clear sense of direction.
B) Formal planning should allow for creative responses within the organized framework.
C) Jack Welch, formerly of GE, was a strong proponent of formal planning over opportunistic planning.
D) Firms should carefully choose either formal or opportunistic planning after thoughtful consideration.
Correct Answer:
Verified
Q28: When the Acme Company anticipates what may
Q29: When planning is conducted by specialists without
Q30: Behavior is best motivated with objectives that
Q31: The performance targets set during the planning
Q32: Opportunistic planning
A) is a system designed to
Q34: An obsession with paperwork, technical reports, statistical
Q35: Common examples of inaccurate forecasts driving poor
Q36: When Detroit's Big Three continued their investment
Q37: Managers and employees may be cynical about
Q38: In keeping planning a continuous process that
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