Management (14th Edition)
14th Edition
ISBN: 9780134527604
Author: Stephen P. Robbins, Mary A. Coulter
Publisher: PEARSON
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Question
Chapter 8, Problem 19DQ
Summary Introduction
To determine:
The plans that are required in a technology-oriented industry. How these plans are significant for the industry.
Introduction:
Planning refers to the process wherein the managers think about the task and activities that needs to be undertaken for attaining the desired objective or goal. Planning is the first step to attain the desired outcome. In other words, Planning is thinking before action actually takes place. It is about deciding in advance to deal with the situation that might occur in the near future.
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How do you think planning in today’s organizations compares to planning 25 years ago? Do you think that planning becomes more or less important in a world where everything is changing so quickly?
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