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The planning horizon is usually longer for several reasons e.g.:
Suggested Answer: B
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39 comments · newest first
NA
Nancey
10 months ago
All of these seem valid, but is it really that straightforward?
AN
Angelo
11 months ago
I think taking advantage of circumstances is key!
EL
Elina
11 months ago
Really? Can we always predict future problems that well?
CH
Chana
11 months ago
Totally agree, especially with avoiding future problems!
TR
Trinidad
11 months ago
Longer horizons do give more visibility.
LE
Leslie
12 months ago
I lean towards D, "All of these," since they all seem valid, but I wish I had more confidence in my choice.
PE
Peggy
12 months ago
I feel like all these reasons are interconnected, but I can't recall if "special circumstances" was emphasized in our studies.
HY
Hyun
12 months ago
I remember a practice question that mentioned management's ability to avoid future problems, so maybe option B is key here.
JU
Justine
1 year ago
I think the longer planning horizon helps with visibility, but I'm not sure if that's the only reason.
TH
Thurman
1 year ago
This is a tricky one. I'm not entirely sure which option best fits the explanation provided. I'll need to re-read the question and options a few times to make sure I understand what they're asking for.
BA
Barb
1 year ago
Okay, I think I've got this. The key is to focus on the reasons mentioned in the question stem - the longer the horizon, the greater the visibility, the better the ability to avoid problems, and the better the ability to take advantage of special circumstances. Option D seems to capture all of those factors.
SH
Sharika
1 year ago
Hmm, I'm a bit unsure about this one. The question is asking about the reasons for a longer planning horizon, but the options seem to cover a range of different factors. I'll need to think this through carefully.
LY
Lynette
1 year ago
This seems like a straightforward question about the reasons for a longer planning horizon. I'll carefully read through the options and select the one that best fits the explanation provided.
DA
Darell
1 year ago
Ah, I think I've got it. Option A sounds like the most clear and measurable way to express the benefits, so that's my pick.
PE
Penney
1 year ago
Okay, I remember discussing this in class. The board of directors is responsible for setting the risk appetite for the organization. I'm confident that option D is the correct answer.
NO
Noel
1 year ago
Option D is the way to go. The longer you can see into the future, the better you can navigate it. It's like being a time traveler, without the whole paradox thing.
KA
Kayleigh
1 year ago
It's like having a crystal ball to see what's coming. Option D is the way to go.
CH
Chauncey
1 year ago
I agree, having a longer planning horizon can really help in avoiding future problems.
IN
Ines
1 year ago
D) All of these
PA
Paulene
1 year ago
C) The longer the horizon, the better the management's ability to take advantage of special circumstances.
CU
Curt
1 year ago
B) The longer the horizon, the better management's ability to avoid future problems
SH
Sherell
1 year ago
Option D is definitely the best choice. It gives you a clear advantage in planning.
BR
Brock
1 year ago
A) The longer the horizon, the greater the 'visibility'
PH
Phil
1 year ago
Option D all the way! The longer the horizon, the more you can plan, prepare, and profit. It's like having a superpower - if only it came with a cape!
EV
Evelynn
1 year ago
It's like being able to see into the future with all the benefits of planning ahead.
EL
Ellen
1 year ago
Definitely! It gives management more time to take advantage of special circumstances.
LE
Lettie
1 year ago
I agree, having a longer planning horizon can really help in avoiding future problems.
RO
Roxane
1 year ago
Definitely Option D. The longer you can see ahead, the better you can prepare. It's like trying to drive with your eyes closed - not a great idea!
LA
Latricia
1 year ago
It's like having a roadmap for the future, helps in navigating through uncertainties.
AN
Anika
1 year ago
Absolutely, the greater visibility provided by a longer horizon is crucial for effective decision-making.
ST
Stephanie
1 year ago
Yes, it also allows management to take advantage of special circumstances that may arise.
AL
Allene
1 year ago
I agree, having a longer planning horizon definitely helps in avoiding future problems.
MI
Micheal
1 year ago
Hmm, I was leaning towards Option C, but I think Option D covers all the key points. Planning for the long-term is like seeing into the future - if only I had a crystal ball!
BU
Buddy
2 years ago
Option D seems like the correct answer to me. The longer the planning horizon, the more visibility, ability to avoid problems, and take advantage of opportunities.
TI
Timothy
1 year ago
Yes, it also allows management to capitalize on special circumstances and make better decisions.
PH
Phyliss
1 year ago
I agree, having a longer planning horizon definitely helps with visibility and avoiding problems.
BE
Bette
2 years ago
I believe having a longer horizon also allows management to take advantage of special circumstances. So, I think the answer is D) All of these.
AS
Ashanti
2 years ago
I agree with Alecia. A longer horizon helps management avoid future problems.
AL
Alecia
2 years ago
I think the planning horizon should be longer for better visibility.