Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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Question
Explore the ethical considerations involved in planning, including the potential conflicts between short-term gains and long-term sustainability
Expert Solution
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Step 1: Define the term planning:
Planning is the process of setting pretensions, defining objects, and determining the conduct, strategies, and coffers needed to achieve those pretensions and objects. It involves a methodical and systematized approach to allowing about the future and deciding in advance how to negotiate asked issues.
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- What are the best practices and lessons learned from successful planning initiatives in different industries or sectors?arrow_forwardEffective planning is the cornerstone of success in various aspects of life, be it personal, professional, or academic. The process of planning involves setting clear goals, identifying the necessary resources, and establishing a timeline for implementation. Whether it's organizing a project, achieving personal objectives, or navigating through daily tasks, planning provides a roadmap that enhances efficiency and productivity. It enables individuals and organizations to allocate their time and resources strategically, minimizing the likelihood of unforeseen challenges derailing progress. The act of planning not only fosters a sense of direction but also allows for adjustments and contingencies, ensuring adaptability in dynamic environments. In essence, planning serves as a proactive tool that empowers individuals and teams to make informed decisions, manage resources judiciously, and ultimately achieve their desired outcomes. Question: How do you incorporate planning into your daily…arrow_forwardproduce a digital poster presentation applying six United Nations Sustainable Development Goals to an organisation of your choice. You will need to provide a critical discussion around the extent to which the organisation can be seen to be responsibly aligning its strategies and operations to these Goals. You must also provide further discussion around what strategic actions this organisation could take to further advance broader societal goals, with an emphasis on collaboration and innovation.arrow_forward
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- Example of an outline for communicating the Scottsdale Police Department's Strategic Plan internally and externally. Include the following in your outline: Method for communicating the strategic plan to internal and external stakeholders Summary of main issues being addressed in the plan and why they are a concern to the public Influence of stakeholders Potential detractors to the planarrow_forwardHow can managers ensure that the planning process remains flexible and adaptable to changes in the business environment?arrow_forwardDiscuss the concept of "strategic intent" and how it relates to long-term planning and achieving a competitive advantagearrow_forward
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