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Describe and explain the importance of contingency planning, scenario building, and crisis planning for today’s managers

Management

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Describe and explain the importance of contingency planning, scenario building, and crisis planning for today’s managers. (20 Points)

1. Identify innovative planning approaches that managers use in a fast-changing environment. (20 Points)

1. Perform a SWOT analysis of a firm by describing its internal strengths and weaknesses and defining the opportunities and threats that it faces in the marketplace. (20 Points)

1. Define task-oriented behavior and people-oriented behavior and explain how these categories are used to evaluate and adapt leadership style. (20 Points)

1. Describe the various biases that can influence an individual’s perspective and how these biases impact decision making. (20 Points)