Ch $9$ :$$ Define the nature of planning $($ goals $,$ strategy and work activities $)(2$pts$)$ Define the $4$ purposes of planning $($ direction $,$ reducing uncertainty $,$ minimize wasteand control $(3$pts$)$ What is the desired outcome $$ in general $-$ of your plan for ABC co$?($ based on the $2$above questions and case study text $)(3$pts$)$ What are the Pros and Cons of Planning $/$ implementing vs extensive planning alone? $(2$pts$)-$which approach will you use for ABC CO$?$ Why? $(3$pts$)$ What Type of goals $($strategic and $/$ or financial$)$ will ABC Co need? Explain and justify$(2$pts$)$ ABC co will require $2$ plans: a strategic $($whole company$)$ and operational $($department $/$functional$)$ plan $$ what is the purpose of each? $(3$pts$)$ Discuss briefly what should be included in a Long term plan $(3$y$)$ vs a short term $(1$y$)$one $(3$pts$)$ Compare and contrast Approaches to goal setting $($and planning$)$ :$-$What are the $6$ characteristics of well written goals? $(2$pts$)-$Discuss the $5$ Steps for goal setting $(2$pts$)$ There are $2$ main approaches to planning $($ traditional : managers down anddepartments $/$ individuals up $)-$explain how the use of both will enhance ABC Co$$soutcomes $($ refer to case study text$)(5$pts$)$ Suggest and discuss $2$ contemporary issues to be taken into consideration in thisDynamic environment for ABC Co$.(5$pts$)$