The more the current plans affect future commitments, the longer the time frame for which managers should plan.
Correct Answer:
Verified
Q2: Most goals are either strategic or financial.
Q8: Planning reduces overlapping and wasteful activities.
True
False
Q10: In informal planning, goals are rarely written
Q24: Formal planning is associated with higher profits
Q42: The standard procedure to be followed by
Q64: The number of years used to define
Q65: Developing a plan to integrate two companies
Q73: Organizations real goals and stated goals are
Q78: Standing plans create guidance for regularly occurring
Q79: Operational plans specify the details of how
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