Effective Planning Strategies Have the Following Characteristics

question 7

Multiple Choice

Effective planning strategies have the following characteristics:

• A)Plans should be complex,having generous timelines,and be stated within the limits of the motivation and capabilities of each client.
• B)Before taking action,evaluate the plan to determine if it is realistic,attainable,and reflects what the client needs and wants.
• C)The counselor needs to take responsibility for determining ways of carrying out plans outside of the helping relationship.
• D)Helpers should encourage clients to develop plans that are contingent on others so they can be supported in their efforts.

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Definitions:

Cash Flow

The combined total of money coming in and going out of an enterprise, significantly affecting its financial fluidity.

Mutually Exclusive

This term describes scenarios or choices where the selection of one option precludes the selection of any other option, typically in decision making or project selection.

Cost Of Capital

The rate of return required by a capital provider—debt or equity—for investing in a company.

Crossover Rate

Crossover Rate is the point at which two or more investment alternatives have the same net present value, used in capital budgeting to compare the desirability of projects.