According to the Text,which of the Following Statements BEST Describes

question 119

Multiple Choice

According to the text,which of the following statements BEST describes strategic planning?

• A) Effective strategic planning creates plans that are unaffected by environmental changes.
• B) It allows a firm to replace creativity with careful analysis.
• C) Top-management participation in and commitment to strategic planning is essential.
• D) It is a real time-saver for marketing managers because once it has been completed,the plan can be left unchanged for years.

---

Definitions:

Units

Basic measures or quantities, in specific dimensions, used to determine size, quantity, or degree in various contexts.

Slope

The measure of the steepness or incline of a line on a graph, typically defined as the ratio of the rise over the run between two points.

Vertical Change

The alteration in the y-value or vertical position in a graph, often used in economic models to describe changes in price or quantity.

Seasonally Adjusted

A statistical technique that removes the influences of predictable seasonal patterns to show non-seasonal trends.