Answer to Question #195328 in Management for Nhlanhla Duncan

Question

3 There are six broad contemporary factors in planning. Outline for Stan, any three factors with an original practical example of each.  

Answer 1

1. Committment is a vital factor in organizational planning. One should consider time and resource committment that the firm needs and can acquire to successfully complete projects.

2. Costs of project are a vital issue to consider in planning. Proffessionals need to consider the actual cost of projects to be abe to create initiatives that are cost effective for the company.

3. Research is important in understanding business trends. It not only supports the quality and credibility of the presentation but promotes the functionality of projects.