Which of the Following Statements Is True of Strategic Planning

question 78

Multiple Choice

Which of the following statements is true of strategic planning?

• A)The goal of strategic planning is to create daily operational schedules for first-line workers.
• B)Strategic planning does not require long-term commitments of resources.
• C)A good strategic plan can help protect and grow a firm's resources.
• D)Strategic planning does not cater to understanding customers and markets.

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Definitions:

Human Rights

The universal rights and freedoms to which all individuals are entitled, such as the right to life, liberty, equality, and security.

Individualism

A social theory favoring freedom of action for individuals over collective or state control.

Monarchy

A form of government in which sovereignty is embodied in a single person (the monarch), who typically reigns until death or abdication, and is often hereditary.

Grenville's Legislation

A series of British acts during the mid-18th century imposing taxes on the American colonies, contributing to unrest and the eventual American Revolution.