Which One of the Following Is True of the Traditional

question 73

Multiple Choice

Which one of the following is true of the traditional approach to planning?

• A) Plans are developed by organizational members at the various levels.
• B) This approach makes managerial planning thorough, systematic, and coordinated.
• C) Plans created through this method are seldom written down.
• D) Formal planning departments are rarely used in this approach.

---

Definitions:

Foreigners

Individuals or entities from one country who are living in, conducting business, or present in another country.

Assets

Resources owned by an individual or business that have value and can be used to meet debts, commitments, or legacies.

Net Creditor Nation

A country that has lent more money to other countries than it has borrowed from them.

Leading

Often refers to economic indicators that predict or signal future movements in the economy or stock market before they occur.