A Good Plan Specifies Not Only Which Goals and Strategies

question 79

True/False

A good plan specifies not only which goals and strategies an organization is committed to but is also accountable for putting the strategies into action to attain the goals.

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Definitions:

Variance

A statistical measure that represents the spread or dispersion of a set of data points from their mean.

Average Squared Difference

A statistical measure used in variance calculations, representing the average of the squared differences from the mean.

Actual Return

The real profit or loss achieved on an investment over a particular time period, often expressed as a percentage.

Risk-free Return

The theoretical return on an investment with zero risk of financial loss, typically associated with government bonds.