A(n)________ Outlines the Organization's Long-Term Direction and the Actions Necessary

question 78

Multiple Choice

A(n) ________ outlines the organization's long-term direction and the actions necessary to achieve planned results.

• A) strategic plan
• B) vision statement
• C) mission statement
• D) SWOT analysis
• E) organizational structure

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Definitions:

Completely Accurate

A term indicating that information is free from errors and precisely correct in every detail.

Future

A term referring to the time or a period that is yet to come, often used in the context of planning or forecasting.

Expected Future Cost

Anticipated expenses for resources, production, or projects, projected based on current data and trends.

Historical Cost

The original financial value of an economic item, typically based on its acquisition cost at the time of purchase or construction.