Planning Flashcards
Chapters 10 & 11
1
Q
Define planning
A
Setting goals, defining actions, and managing resources effectively.
2
Q
What is a strategic plan?
A
A plan for long-term goals, direction and resource allocation.
3
Q
Name a benefit of planning.
A
Improved performance.
4
Q
What is a barrier to effective planning?
A
Uncertainty.
5
Q
How can organizations overcome barriers to effective planning?
A
Set clear goals and involve stakeholders.
