How Can Managers Effectively Plan When the External Environment Is

question 55

Multiple Choice

How can managers effectively plan when the external environment is continually changing?

• A) They should discontinue formal planning.
• B) They should set general, but rigid plans.
• C) They should be ready to change directions if environmental conditions warrant.
• D) They should continue to follow the set organizational plans as persistence will eventually pay.

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Definitions:

Deterministic

A system or process characterized by a predetermined sequence of events or outcomes, without any random variation.

Correlational

Correlational refers to a statistical relationship between two variables, indicating how one may predict or be associated with changes in another.

Random

Lacking any definite plan or order or purpose; governed by or depending on chance.

Warranted

Justified or supported by reasonable evidence or authority.