Which Statement Is Not True of Strategic Planning as It

question 10

Multiple Choice

Which statement is not true of strategic planning as it pertains to peak performance?

• A)Set clear goals.
• B)Make a step-by-step plan to carry out your goals.
• C)Goals should be challenging, yet realistic.
• D)Goals should be general, not specific.
• E)Modify your goals if necessary.

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Definitions:

Anticipates

The action of foreseeing or preparing for future events or needs.

Marginal Cost

The cost incurred by producing one additional unit of a product or service, crucial for decision-making in production and pricing strategies.

Marginal Benefit

The additional satisfaction or value obtained from acquiring one more unit of a product or service.

Expected Total Return

The sum of all anticipated earnings from an investment, including capital gains, interest, and dividends, over a specified period, reflecting its potential profitability.