Which of the Following Steps in the Basic Planning Process

question 116

Multiple Choice

Which of the following steps in the basic planning process does the CEO perform when he closely watches the sales structures in the next six months?

• A)Monitor and control
• B)Implementation
• C)Situational analysis
• D)Goal and plan evaluation
• E)Goal and plan selection

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Definitions:

Non-Core Business

Activities or operations of a company that are not central to its primary mission or revenue-generating processes.

Social Responsibility

The obligation of a business to contribute to the well-being of society, which includes being ethical, legal, and economically responsible.

Breakthrough Stage

A point in a process, project, or development where significant progress is achieved, overcoming major challenges or barriers.

Entrepreneurial Firms

Companies in the early stages of development, often characterized by innovation, fast growth, and high risk.