Question: 1. Explain the different types of plans based on time-frame and specificity. As a business leader, would you prefer to use directional plans or specific

1. Explain the different types of plans based on time-frame and specificity. As a business leader, would you prefer to use directional plans or specific plans with an inexperienced team that lacks sufficient knowledge about your business? Support your answer with suitable justification.

2. Contrast and discuss traditional goal setting approach and Management by Objectives (MBO). Would you prefer to work in an organization that uses the MBO approach? Support your answer with suitable justification.

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