Management Planning Quiz

The primary management function that involves defining goals, establishing an overall strategy for achieving those goals, and developing a comprehensive hierarchy of plans to integrate and coordinate activities.

Reduces uncertainty

Focuses on long-term survival

May create rigidity (correct)

Enhances creativity

False

<p>A systematic approach for managers to develop and implement an organization's strategies.</p> Signup and view all the answers

<p>The reason for being in business</p> Signup and view all the answers

<p>planning function</p> Signup and view all the answers

<p>It has a positive impact on organizational performance and helps managers cope with changing situations.</p> Signup and view all the answers