All of the Following Are Guidelines for Effective Strategic Planning

question 94

Multiple Choice

All of the following are guidelines for effective strategic planning except:

• A) it should be simple and nonroutine.
• B) it should be a learning process for all managers and employees.
• C) it should be a paper process more than a people process.
• D) it should not disregard qualitative information.
• E) it should not be a formal system for control.

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Definitions:

Scheduled Receipts

Planned incoming deliveries of materials or goods, documented in advance, and vital for inventory and production planning.

Lead Time

The time interval from the initiation of a process until its completion, often used in the context of manufacturing or supply chain management.

Gross Requirement

The total demand for an item, including both independent demand from customers and dependent demand from the production of other items.

Bill Of Material

A comprehensive list of raw materials, components, and assemblies required to construct, manufacture, or repair a product or service.