Are Strategic or Operational Plans Needed? Does Long-Term Planning Make

question 111

Essay

Are strategic or operational plans needed? Does long-term planning make sense in all situations? These decisions are affected by three contingency variables.In a short essay, list the three planning contingency factors and illustrate how these factors influence planning.

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Definitions:

Birthrates

The ratio of live births in an area to the population of that area over a year, typically expressed per 1000 inhabitants.

Economic View

A perspective or analysis regarding how economic forces interact, including considerations of markets, resource allocations, and the impacts of policies.

Demographers

Experts who study population dynamics, including birth rates, death rates, and migration patterns, to understand population changes.

Birthrates

The number of live births per thousand people in a population over a specific period of time.