16. A Strategic Plan is likely to contain *

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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16. A Strategic Plan is likely to contain
Vision
Training Targets
Monthly targets
O High Level Targets
17. Planning is pervasive; it implies that:
The managers at lower levels have to
plan within the framework of several
rules and procedures
Planning is the basic requirement of
all managerial functions
The plan must aim at achieving
certain objectives
Planning is such a function which is
present at all levels of management
Transcribed Image Text:16. A Strategic Plan is likely to contain Vision Training Targets Monthly targets O High Level Targets 17. Planning is pervasive; it implies that: The managers at lower levels have to plan within the framework of several rules and procedures Planning is the basic requirement of all managerial functions The plan must aim at achieving certain objectives Planning is such a function which is present at all levels of management
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