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

question 138

Essay

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

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Definitions:

Persona

The aspect of an individual's character that is presented to or perceived by others; a social facade.

Extraverted Thinking

A cognitive style characterized by decision-making based on external criteria and logically derived solutions.

Logical

Characterized by clear, sound reasoning or a coherent form of thought based on premises which leads invariably to a conclusion.

Society's Rules

The norms, laws, and conventions established by a community or society that dictate acceptable and expected behaviors within that society.