Strategic Planning Is a Function of the Board of Directors

question 10

True/False

Strategic planning is a function of the board of directors.

---

Definitions:

Third-Party Service Providers

External organizations or individuals that offer specific services or perform tasks on behalf of another company, typically as a form of outsourcing.

Internal Staff

Employees who work within an organization, as opposed to external contractors or consultants, contributing to its operations, culture, and goals.

Outsourcing

The business practice of hiring external firms to handle certain jobs or services instead of performing them in-house.

Canadian Firms

Entities based in Canada engaged in commercial, industrial, or professional activities.