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| Topic: |
Business
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| Number of pages / Number of words: |
6 / 1652 |
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The next step is: goal plan and selection. “Once managers have assessed the various goals and plans, they will select the one that’s most appropriate and feasible†Bateman-Snell, 2007, p. 120). Usually, a formality in the planning process includes the writing of the most logical and practical goals and plans in relation to forecasted circumstances (Bateman-Snell, 2007)...
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Some organizations develop planning scenarios with contingency plans. This allows a manager to use a different set of plans should the situation change. “Scenario planning allows an organization to be prepared for a variety of eventualities†(Management, 2006).
When managers have determined goals and developed plans for achieving their goals, the plans must then be implemented (Bateman-Snell, 2007)...
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