A Bottom-Up Plan Is One That Puts Together the Requests

question 18

True/False

A bottom-up plan is one that puts together the requests and forecasts of lower and middle management without judgment by top-level executives. Bottom-up plans have a tendency to overstate achievable performance.

---

Definitions:

Abilities

Pertains to the skills and competencies that an individual possesses which enable them to perform specific tasks.

Data Entry Clerk

A professional responsible for inputting various forms of data into electronic systems, ensuring accuracy, and managing databases or records efficiently.

Firm-specific Human Capital

Knowledge, skills, and abilities acquired by employees that are uniquely valuable to a specific firm or organization.

Process Knowledge

Refers to an understanding of the sequence, methods, and nuances involved in carrying out specific procedures or tasks within an organization.