Given the rate of change in organisational environments, how far should planning go? Can the planning process

Question:

Given the rate of change in organisational environments, how far should planning go? Can the planning process actually impede our ability to respond to changes? Why or why not?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Management

ISBN: 9780730329534

6th Asia Pacific Edition

Authors: Schermerhorn, John, Davidson, Paul, Factor, Aharon, Woods, Peter, Simon, Alan, McBarron, Ellen

See More Books

Question Posted: Oct 17, 2023 02:41 AM

See More Questions

In the new globalised economy in which uncertainty and change is continuous, planning is no longer a guarantee of longterm survival. In fact, traditional planning is likely to turn an organisation...
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...
Tell whether the given side lengths of a triangle can represent a right triangle. 36, 48, and 60
How is the controlling process related to the planning process?
Workflow Systems specializes in servers for work-group, e-commerce, and enterprise resource planning (ERP) applications. The company's original job cost system has two direct cost categories: direct...
Which of the following statements is true? a. Filter methods are guaranteed to determine the best set of variables to include in a model. b. The best subsets method is an example of a wrapper method....
Angela Peters recently opened her own law office, which she operates as a corporation. The name of the new entity is Angela Peters, Attorney. Peters experienced the following events during the...
For the bussines environtment stand point of GE SEC 10 k explain the following, When it comes to risks, what issues might your company face? To find out, search your company's PDF version of the SEC...
Healthcare professionals responsible for planning for influenza pandemics, with complex issues of scale and consequences, face special ethical challenges. Any plan needs to be assessed in terms of...
Like many startups, Port Shorts began as an idea among friends. Its a shortfilm festival held in Port Douglas, Far North Queensland that offers $15 000 in prizes (including a $4000 course on...
Suppose that you plan to take a trip from San Diego to San Francisco and you have never made this trip before. You could use Google Maps and it would tell you to get on Interstate 5 going north until...
Joe, a Supply Chain Masters student at York University is planning to sell T- shirts with logos of the two competing Grey Cup teams at the upcoming Grey Cup in Hamilton. Joe plans to have the shirts...
5 3 2 4logx-log+log 3. Write as a single logarithm. [4logx-log
Based on the cash flow statement below, how does the financial performance of the company change over a span of two years? What insights can you provide? Furthermore, what do the three specific...
The balances of allowance for doubtful accounts of SuperSuki Entreprise for the beginning and ending of the year are P9,800 and P10,500, respectively. During the year, SuperSuki wrote-off accounts...
What might be some of the specific challenges for project managers of today's global and virtual matrix project teams? What do you think are the most important skills for these project managers to...
Consider again the investment problem described in the previous problem. Now, assume that the returns of the four stocks are no longer independent. Specifically, the correlations between all pairs of...
The activities listed in lines 2125 serve primarily as examples of A) Underappreciated dangers B) Intolerable risks C) Medical priorities D) Policy failures
Suppose a firm is considering two mutually exclusive projects. One has a life of 6 years and the other a life of 10 years. Would the failure to employ some type of replacement chain analysis bias an...
Your division is considering two investment projects, each of which requires an up-front expenditure of $15 million. You estimate that the investments will produce the following net cash flows: What...
Your division is considering two investment projects, each of which requires an up-front expenditure of $15 million. You estimate that the investments will produce the following net cash flows: What...
Ida Company produces a handcrafted musical Instrument called a gamelan that Is similar to a xylophone. The gamelans are sold for $949. Selected data for the company's operations last year follow:...
A project that costs $4,450 to install will provide annual cash flows of $1,500 for each of the next 6 years. a. What is NPV if the discount rate is 11%? b. How high can the discount rate be before...
Prove MM1: Both Umbrella Inc. and Prixxa Inc. produce $300,000 of cash flow each year. Umbrella has no debt outstanding, and its cost of equity capital is 14 percent. But Prixxa has 1,000,000 depts...

Given the rate of change in organisational environments, how far should planning go? Can the planning process

Question:

Step by Step Answer:

The rate of change in organizational environments has indeed accelerated significantly due to factors like technological advancements globalization an...View the full answer

Management

Students also viewed these Business questions