Important Strategic Management Tasks Include All of the Following EXCEPT

question 18

Multiple Choice

Important strategic management tasks include all of the following EXCEPT ___________

• A) assessing current performance in relation to mission and objectives.
• B) providing visionary and inspirational leadership.
• C) creating strategic plans to accomplish mission and objectives, and implementing those plans.
• D) identifying organisational mission and objectives.
• E) evaluating the results, and changing strategic plans or implementation processes as necessary.

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Definitions:

Net Present Value

The calculation used to determine the current worth of a future stream of cash flows, adjusted for the time value of money.

Depreciation Tax Shield

The reduction in income taxes that results from taking a deduction for depreciation on the company's tax return, effectively reducing taxable income.

Cash Outlays

Payments in cash for expenses or investments made by a business or individual.

Auto Leases

Contracts that allow a person to use a car for a set period of time in exchange for regular payments, without owning the vehicle.