1. In your opinion, is there any real value to long-term planning in today's rapidly changing environment? Describe at least one example to support your opinion.
2. Watch the video about the fashion company Zara and then summarize how Zara accomplished the rise in profit for the parent company.
3. Explain how the benefits of planning could apply to your future career or right now while you are at school.
4. You are the manager of a fast-food restaurant that specializes in hamburgers.  When you get to work on Wednesday, you have the following tasks to complete.  Prioritize these tasks (re-order them) and explain your reasoning.
   1. Hire a new employee to work at the counter.
   2. The store is almost out of ketchup packages and new ones need to be ordered.
   3. Place an ad in the local newspaper for your sale next month.
   4. An angry customer wants to speak to you.
   5. An employee has called in sick for work and you need to replace them for the current shift.
   6. An employee arrives late for work for the third day in a row.
   7. The employee shift schedule for next week must be completed.
   8. Sales are up 10% from last month and your boss wants to speak to you about how this can happen again.

Answer rating: 100% (QA)

In my opinion there is considerable value to longterm planning in todays rapidly changing environment While it is true that the world is evolving at a rapid pace having a wellthoughtout longterm plan ... View the full answer