Examlex
Read the following statements and select the one that is the most accurate.
Strategic Planning
The process of defining a business's strategy or direction and making decisions on allocating its resources to pursue this strategy.
Strategic Planning
The process of defining a company's direction and making decisions on allocating resources to pursue this direction.
Sustainable Growth Rate
The maximum rate at which a company can grow its revenues and profits without needing to increase its financial leverage.
Sustainable Growth Rate
The maximum rate at which a company can grow its revenues and earnings without resorting to external financing.
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