Which of the Following Is True with Regard to Strategic

question 21

Multiple Choice

Which of the following is true with regard to strategic planning?

• A) At the corporate level, the company starts the strategic planning process by determining what portfolio of businesses and products is best for the company.
• B) A strategic plan deals with a company's short-term goals.
• C) The focus of strategic planning is to define a game plan for long-run survival and growth.
• D) The strategic plan is a statement of an organization's purpose.
• E) Strategic planning involves identifying segments of consumers with identical preferences.

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Hard Drive

A non-volatile storage device that uses magnetic storage to store and retrieve digital information using one or more rotating disks.

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Internet-based services that provide computing resources like software, storage, and processing power, without the need for local infrastructure.

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A type of data storage that uses optical media, such as CDs and DVDs, to read and write data using lasers.