The Dynamic Environment (Scenario)
A group of shareholders at Company EZ has strongly suggested that the firm update its planning practices to include more participative decision making and greater feedback to employees.
-Because the managers at Company EZ work in such an uncertain environment, it is essential that they develop a plan. What will they have to do to plan in such an environment?
A) Make their plans as rigid as possible.
B) Recognize that their plan must be general.
C) Train their employees in setting goals and establishing plans.
D) Be determined to continue with their plan even if the conditions change.
Correct Answer:
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