Incorporating Evaluation of Change into the Strategic Plan for Organizational

question 34

True/False

Incorporating evaluation of change into the strategic plan for organizational change insures that the process will be self-correcting.

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Definitions:

Financial Planning

The method of calculating the essential capital and identifying its competition involves forming financial strategies concerning the acquisition, investment, and management of an enterprise's capital.

Planning Horizon

is the time period a planner or decision maker looks into the future for when making strategic decisions.

Financial Plan

A comprehensive document detailing an individual's or organization's long-term financial goals and the strategies to achieve them.

Financial Planning

The process of determining how an individual or organization will afford to achieve its strategic goals and objectives.