
Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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Question

Transcribed Image Text:**Question:**
You have a "perceiving" personality style for planning. Which below is MOST true of you and this personality planning approach?
**Options:**
- ○ A formal unstructured planning approach
- ○ An informal structured planning approach
- ○ A formal structured planning approach
- ○ An informal unstructured planning approach
- ○ A work style and lifestyle approach
Expert Solution

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Step 1: Define planning
The process of creating goals, defining objectives, and describing the processes, methods, and resources required to attain those goals and objectives is known as planning. It is a methodical and forward-thinking process that entails assessing the existing situation, determining desired results, and developing a plan to achieve them. Planning is essential in many facets of life, from personal goal setting to company strategy formulation.
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