Explain How Business Planning Helps Managers in a Firm

question 153

Essay

Explain how business planning helps managers in a firm.

---

Definitions:

Medulla

The innermost part of an organ or structure, especially the medulla oblongata in the brain, involved in regulating vital body functions.

Hypothalamus

A small, crucial part of the brain located below the thalamus, responsible for hormonal control and regulation of essential bodily functions like temperature, hunger, and thirst.

Limbic System

A group of structures in the brain, including the amygdala and hippocampus, that are collectively involved in emotional expression, memory, and motivation.

Amygdala

A part of the brain's limbic system involved in processing emotions such as fear, pleasure, and anger.