Strategic Planning Within a Small Organization

question 43

Multiple Choice

Strategic planning within a small organization

• A) may be informal and irregular.
• B) must be elaborate to allow for future growth.
• C) should always be formalized and explicitly stated.
• D) should be done by the president only.
• E) is unnecessary and a waste of time.

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Definitions:

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating how spread out the values are from the mean.

Inspiratory Reserve Volume (IRV)

The additional amount of air that can be inhaled after a normal inhalation, increasing lung volume beyond the tidal volume.

Expiratory Reserve Volume (ERV)

The additional amount of air that can be forcibly exhaled after a normal exhalation.

Functional Residual Capacity (FRC)

The volume of air remaining in the lungs after a normal, passive exhalation, critical for gas exchange between breaths.