in this chapter, we talked about how firms do strategic,functional, and operational planning. Yet some firmsseem to be successful without formal planning. Doyou think planning is essential to a firm~ success? Howmight planning hurt an organization? Under what circumstances do you believe that formal planning is andis not important to an organization?

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
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in this chapter, we talked about how firms do strategic,
functional, and operational planning. Yet some firms
seem to be successful without formal planning. Do
you think planning is essential to a firm~ success? How
might planning hurt an organization? Under what circumstances do you believe that formal planning is and
is not important to an organization?

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