Long term planning is foolish

Long term planning is foolish

Assessment

Interactive Video

Business

University

Hard

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The video discusses the concept of planning, emphasizing the limitations of long-term planning in a rapidly changing world. It highlights historical changes from the 80s to today, illustrating how technology like fax machines and iPhones have transformed business. The speaker argues for focusing on short-term, meaningful planning rather than long-term aspirations, especially in creative industries. The meaningful term is defined as the immediate future, stressing the importance of current actions over distant plans.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the speaker suggest about long-term planning in a rapidly changing world?

It is more important than short-term planning.

It is essential for success.

It is often unrealistic.

It should be the main focus.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the speaker compare the introduction of the fax machine to modern technology?

The fax machine was more revolutionary.

Modern technology is less significant.

Both had a similar impact on business.

The fax machine had no impact.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to the speaker, what should planning focus on in creative industries?

Long-term goals

Past successes

Future predictions

Short-term, meaningful actions

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the speaker mean by 'meaningful term' planning?

Ignoring current trends

Focusing on immediate actions

Planning for the distant future

Planning for retirement

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why does the speaker believe long-term plans are 'nonsense'?

They are too easy to achieve.

They do not account for rapid changes.

They are always successful.

They are too short-sighted.