Principles of Management
OER 2019 Edition
ISBN: 9780998625768
Author: OpenStax
Publisher: OpenStax College
expand_more
expand_more
format_list_bulleted
Textbook Question
Chapter 17.1, Problem 3CC
Why should managers plan?
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
Management
What are the elements of Planning? Briefly Describe?
What are the challenges and risks associated with planning, and how can organizations mitigate them?
What objectives do management plans have?
Chapter 17 Solutions
Principles of Management
Ch. 17.1 - What is the process where managers establish goals...Ch. 17.1 - How do the internal and external environments of...Ch. 17.1 - Why should managers plan?Ch. 17.2 - What are the five steps in the planning process?Ch. 17.2 - What is the difference between goal, domain, and...Ch. 17.2 - How are planning, implementation, and controlling...Ch. 17.3 - Define and describe the different types of plans...Ch. 17.4 - What is the difference between official and...Ch. 17.4 - How do multiple goals fit into a goal hierarchy?Ch. 17.5 - What ethical problems could surface with data...
Ch. 17.5 - What security risks would a company need to...Ch. 17.5 - How do todays organizations approach planning?Ch. 17.5 - Does planning pay off for todays organizations?Ch. 17.5 - Which people in the organization should be...Ch. 17.6 - How is goal theory used in the planning process?Ch. 17.6 - What are the organizational downsides to goals?Ch. 17.6 - How is goal setting tied to job satisfaction and...Ch. 17.7 - What is management by objectives?Ch. 17.8 - What other applications can you see for blockchain...Ch. 17.8 - What drawbacks or potentials risks do you see in...Ch. 17.8 - Do you think blockchain technology could be used...Ch. 17.8 - Why would governments be suspicious of...Ch. 17.8 - Describe the execution of the planning and...Ch. 17 - Define managerial planning and controlling.Ch. 17 - Discuss the relationship between the two...Ch. 17 - Identify and briefly describe each stage in the...Ch. 17 - Compare and contrast three different types of...Ch. 17 - What are multiple goals? What is a goal hierarchy?...Ch. 17 - Briefly describe the two views of the goal...Ch. 17 - Describe the MBO process, the philosophy behind...Ch. 17 - Distinguish between cybernetic and noncybernetic...Ch. 17 - Identify and discuss three positive and three...Ch. 17 - How does the desire for personal control affect...Ch. 17 - What do you think are some of the difficulties of...Ch. 17 - China effectively shuts down for two weeks each...Ch. 17 - The case focuses on U.S. markets. How are European...Ch. 17 - Have your own shopping habits changed with the...
Additional Business Textbook Solutions
Find more solutions based on key concepts
Define cost pool, cost tracing, cost allocation, and cost-allocation base.
Horngren's Cost Accounting: A Managerial Emphasis (16th Edition)
Discussion Questions 1. What characteristics of the product or manufacturing process would lead a company to us...
Managerial Accounting (5th Edition)
Youngstown Construction plans to discontinue its rooting segment. Last year, this segment generated a contribut...
Principles of Accounting Volume 2
Discussion Questions 1. What characteristics of the product or manufacturing process would lead a company to us...
Managerial Accounting (4th Edition)
E5–26 Journalizing adjusting entries including estimate sales returns
Learning Objective 3, 4
Emerson St. Boo...
Horngren's Accounting (12th Edition)
E2-13 Identifying increases and decreases in accounts and normal balances
Learning Objective 2
Insert the mis...
Horngren's Accounting (11th Edition)
Knowledge Booster
Similar questions
- How do the internal and external environments of the organization and its strengths and weaknesses impact the planning process?arrow_forwardWhat is the process where managers establish goals and outline how these goals will be met called?arrow_forwardWhat is the difference between goal, domain, and hybrid planning?arrow_forward
- What are the benefits and limitations of short-term versus long-term planning approaches?arrow_forwardHow can organizational culture and values be incorporated into long-term planning efforts?arrow_forwardMangement In what ways can managers incorporate environmental scanning and analysis into the planning process to ensure that the organization is prepared for external changes and disruptions?arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Foundations of Business (MindTap Course List)MarketingISBN:9781337386920Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage LearningFoundations of Business - Standalone book (MindTa...MarketingISBN:9781285193946Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage Learning
Foundations of Business (MindTap Course List)
Marketing
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Foundations of Business - Standalone book (MindTa...
Marketing
ISBN:9781285193946
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning