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Explore the ethical considerations involved in planning, including the potential conflicts between short-term gains and long-term sustainability

Explore the ethical considerations involved in planning, including the potential conflicts between short-term gains and long-term sustainability

Understanding Business
Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Explore the ethical considerations involved in planning, including the potential conflicts between short-term gains and long-term sustainability

Expert Solution
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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