Which of the Following Can Help Companies Make Strategic Planning

question 26

Multiple Choice

Which of the following can help companies make strategic planning effective?

• A)Refraining from involving top management in the strategic planning process
• B)Making strategic an ongoing process rather than an annual exercise
• C)Eliminating managerial intuitions
• D)Avoiding cross-functional teams

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Definitions:

APS

Automatic Payment System, a system allowing for automatic transfers of payments, often in financial contexts; the term can refer to multiple concepts depending on the context.

Savings

Money that is set aside from one's income or earnings for future use, often accumulating interest.

Saving

The portion of income that is not spent on immediate consumption but is set aside for future use, often in investments or deposits.

Disposable Income

The available amount for households to spend and save, subsequent to income tax deductions.