Studies of planning show that the key to successful planning is to make sure that the plans ________

A) cover every possible detail
B) are high in quality and insight
C) are exceedingly simple to follow
D) are not shared with employees

Answer: B
Explanation: Success in planning seems to hinge more on the quality of the planning itself rather than the subject of the planning. A company may focus its plans on all of the right topics, but unless those plans are systematic, comprehensive, and high in insight, they will not provide successful direction for the organization. These factors make the choice indicating "high in quality and insight" the correct response. Whether or not details are covered, plans are easy to follow, or plans are shared extensively matter less than the quality of the plans themselves.

Business

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a. true b. false

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A major effect of a weak currency is that companies based in the country with the weak currency

a. can export more readily. b. find it more difficult to export. c. are forced to increase their wages. d. are forced to decrease their wages.

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