Asked by Razmin Ellazar on May 17, 2024
Verified
Plans establish expectations and guidelines to direct future action.
Plans
Detailed proposals or strategies designed to achieve specific goals or outcomes.
Guidelines
Sets of recommended practices or instructions designed to steer actions or conduct in particular situations or in achieving certain standards.
- Recognize the importance and characteristics of planning in business settings.
Verified Answer
MB
Madelyn Berry
May 21, 2024
Final Answer :
True
Explanation :
Plans establish expectations and guidelines to direct future action. Among the most important of these are business plans, operating reports and personal activity reports.
Learning Objectives
- Recognize the importance and characteristics of planning in business settings.
Related questions
An Organization's Vision Clarifies the Purpose of the Organization and ...
The Process of Coping with Uncertainty by Formulating Future Courses ...
Whole Foods Co-Founder, John Mackey Said the World Changes So ...
For Organizations Like Facebook and Pollo Campero, Planning Is A(n) ...
Two Key Components of a Plan Are ...