In the "White-Water Rapids" Metaphor of Change,managers Should Expect Change

question 10

True/False

In the "white-water rapids" metaphor of change,managers should expect change at any time,and it may last for unspecified lengths of time.

---

Definitions:

Operational Planning

The process of planning strategic goals and objectives to tactical goals and objectives. It describes milestones, conditions for success, and explains how, or what portion of, a strategic plan will be put into operation during a given operational period.

Financial Performance

An analysis of a company's ability to generate income from its operations over a certain period of time.

Cash Requirements

The amount of cash a company needs to meet its immediate and short-term obligations or to complete a transaction.

Strategic Planning

Strategic Planning refers to the process organizations use to define their strategy, direction, and make decisions on allocating resources to pursue this strategy, including capital and people.