Which of the Following Is True of the Traditional Approach

question 95

Multiple Choice

Which of the following is true of the traditional approach to planning?

• A)Plans are developed by organizational members at the various levels.
• B)This approach makes managerial planning thorough,systematic,and coordinated.
• C)Plans created through this method are seldom written down.
• D)Formal planning departments are rarely used in this approach.

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Definitions:

Close-Substitute

A product or service that can easily replace another in the consumption preferences of consumers due to its similarity.

Complements

Goods or services that are consumed together because the use of one enhances the value of the other.

Cholesterol

A waxy, fat-like substance found in all cells of the body, necessary for making hormones, vitamin D, and substances that help digest foods, but high levels can lead to health issues.

Cattle Feed

involves materials and nutritional supplies consumed by cattle, aiming at ensuring proper growth, health, and productivity of the livestock.