Asked by Shelby Buckler on Apr 26, 2024
Verified
Planning is the process of avoiding uncertainty.
Avoiding Uncertainty
The degree to which individuals or cultures are uncomfortable with uncertainty and ambiguity, seeking stability and clarity.
Planning
The process of making decisions about goals and the steps necessary to achieve them, often considering resources and constraints.
- Understand the importance and methodology of planning within firms.
Verified Answer
DH
Diana HenryApr 28, 2024
Final Answer :
False
Explanation :
Planning is not the process of avoiding uncertainty but rather the process of anticipating and preparing for uncertainty. Planning involves identifying potential risks and developing strategies to mitigate or manage them, rather than simply trying to avoid uncertainty altogether.
Learning Objectives
- Understand the importance and methodology of planning within firms.
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