Which of the Following Is Not a Reason Given for Poor

question 74

Multiple Choice

Which of the following is not a reason given for poor or no strategic planning in organizations?

• A)Being content with success
• B)Trust of management
• C)Poor reward structure
• D)Wasting time
• E)Fire- fighting

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Definitions:

Financial Reporting

Generating communications that present the financial situation of a corporation to its management team, shareholders, and the government.

General Purpose

An undirected goal, usually implying flexibility and adaptability to a variety of situations or tasks.

Objective

A goal or aim that is sought after; in business, this often refers to specific targets companies aim to achieve.

Financial Reporting

The process of disclosing financial information to stakeholders, such as investors and creditors, to facilitate informed decision-making.