The First Step in Strategic Planning Is Generally

question 95

Multiple Choice

The first step in strategic planning is generally

• A) developing a vision statement.
• B) establishing goals and objectives.
• C) making a profit.
• D) developing a mission statement.
• E) determining opportunities and threats.

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Definitions:

Private Business Organization

An enterprise owned by individuals or groups not affiliated with the government, focusing on profit generation through offering goods or services.

Spanish Warships

Refers to naval vessels belonging to Spain's military, historically significant in various conflicts including the Spanish-American War.

Jamestown

The first permanent English settlement in North America, established in 1607 in Virginia.

Anti-Catholicism

Hostility towards or discrimination against Catholics or the Catholic Church, often based on religious, social, or political grounds.