Strategic Planning Should Communicate Not Only General Goals About Growth

question 18

Multiple Choice

Strategic planning should communicate not only general goals about growth and profits but also

• A)how to pay for them
• B)ways to increase organizational synergy
• C)how to increase market share
• D)ways to achieve them
• E)methods related to MBO

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Definitions:

Accounting Scandal

A situation where a company or individual engages in fraudulent practices to manipulate financial statements or reports for personal or corporate benefit.

WorldCom

A major telecommunications company that was implicated in a massive accounting scandal in the early 2000s, leading to its bankruptcy and substantial financial market repercussions.

Enron

was a U.S.-based energy company that collapsed in 2001 due to one of the largest accounting fraud scandals in history.