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Which of the following is NOT an indicator of social development?
Strategic Planning
Strategic Planning refers to the process organizations use to define their strategy, direction, and make decisions on allocating resources to pursue this strategy, including capital and people.
Short-Term Forecasts
Financial predictions that cover a short time period, typically less than a year, used for budgeting, planning, and managing immediate cash flows.
Small Business Plans
Strategic documents outlining the business model, goals, financial forecasts, market analysis, and operational strategies for small companies.
Detailed Revenue Targets
Specific, granular goals set for the income that a company aims to generate within a certain period.
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