One Disadvantage of Long-Term Plans Is a Loss of Flexibility

question 56

True/False

One disadvantage of long-term plans is a loss of flexibility in responding to unexpected events.

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Definitions:

Resources

Assets, materials, and inputs required by an organization or individual to achieve objectives.

Legitimate Power

is a type of authority that is recognized and accepted by members of an organization, stemming from a formal position or role.

Formal Authority

The power or right to give orders, make decisions, and enforce obedience, typically within an organizational hierarchy.

Influence

The capacity to have an effect on the character, development, or behavior of someone or something.