Question: Planning & Goal-Setting 1. With suitable exaples, explain the diffrence between goals & plans. Discuss the differences between strategic goals & financial goals. 2. Discuss

Planning & Goal-Setting

1. With suitable exaples, explain the diffrence between goals & plans. Discuss the differences between strategic goals & financial goals.

2. Discuss the differences between the traditional goal-setting aprroach and MBO ( managment by objectives ). Explain with relevant reasons, which approach, would you prefer as a manager.

Note: please answer it in a paragraph and cite relevant resources, that you refer to. in APA style

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