Which of the Following Is Not Part of Strategic Planning

question 109

Multiple Choice

Which of the following is not part of strategic planning?

• A)crafting a course of action
• B)implementing strategies
• C)defining the business and developing a mission
• D)translating the mission into strategic goals
• E)evaluating the firm's internal and external situation

---

Definitions:

Amortize

The process of gradually writing off the initial cost of an asset over a period, typically the asset's useful life.

Impairment Losses

Financial losses recognized when the carrying amount of an asset exceeds its recoverable amount.

Consolidated Financial Statements

Financial statements that present the assets, liabilities, equity, income, expenses, and cash flows of a parent company and its subsidiaries as a single entity.

Amortize

To amortize means to gradually reduce or write off the initial cost of an asset over a period, typically through regular payments covering interest and principal.