Which of the Following Is NOT One of the Steps

question 104

Multiple Choice

Which of the following is NOT one of the steps in strategic planning?

• A) design a business portfolio
• B) allocate resources
• C) set corporate objectives and goals
• D) define a corporate mission
• E) plan marketing and other functional level strategies

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Definitions:

Net Operating Income

The profit generated from a company's operational activities, excluding non-operational revenues and expenses.

Flexible Budget

An evolving budget that adjusts to differences in volume or the degree of activity.

Tenant-Days

A metric used in real estate to measure the total number of days tenants occupy a space, often used in the management of rental properties.

Net Operating Income

The profit generated from a company's normal business operations, calculated as revenues minus operating expenses, excluding interest and taxes.