ABFM: Concepts and Practice · Part A: The Management Process

Chapter 2: Planning and decisions

Planning ahead: its steps, kinds of plans, MBO, forecasting, and decisions under uncertainty.

Open Chapter 2 in the e-book The book and its prices

Buyers of the e-book, or of the print copy, which includes it, read the whole chapter. Everyone can read the free sample, pages 1 to 24 of the e-book.

In this chapter

2.1Planning and its stepsp. 17
2.2Types of plansp. 18
2.3MBO and contingency planningp. 19
2.4Forecastingp. 20
2.5Making decisionsp. 21
Exam traps and quick checksp. 22
Practice: 16 questions in three roundsp. 23
Answers, with every wrong option explainedp. 25
Make it stickp. 27
Chapter 2 on one pagep. 28

Corrections and updates

None for this chapter so far. Every correction to the book, and any rule that changes after its date, is listed on the errata page.