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