1. What types of plans would be needed in an industry such as this one?

(For
instances, long-term plans or short-term plans, or both?) Explain why you think
these plans would be important.
There are some types of plans that would be need in an industry, like: strategic plan, long
term plan, short term plan
The company’s core business is in decline due to changing circumstances
 It is necessary to establish an overall strategy to define goals and develop a
comprehensive set of plans for the entire organization. Thereby allocating and
coordinating the work of the organization.
 Then: need short-term plans to successfully complete the work that has been
established from the overall strategy

2. What contingency factors might affect the planning Garmin executives have to
do? How might those contingency factors affect the planning? 
- Organizational Level
 In terms of planning, higher levels = increased emphasis on strategic planning.
Then the subordinates will come up with a plan for the activities
- Environmental uncertainty will affect the planning process: natural disasters, human
needs such as housing, food, entertainment or a myriad of other unexpected occurrences
 Operators, planners will have to rethink how to plan to accommodate those incidents.
- Frequency of Use
How often a plan will be employed is a major concern for planners.
Maybe 3 years or 5 years