_____ Is a Term Used to Describe Unpredictable, but Highly

question 15

Multiple Choice

_____ is a term used to describe unpredictable, but highly impactful events.

• A) Straddling
• B) Viral trojans
• C) Black swans
• D) Power plays
• E) Flash outs

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Definitions:

Strategic Plans

A roadmap developed by an organization to outline its vision, objectives, and actionable steps to achieve them.

Single-use Plan

A strategic outline created to address a specific, one-time project or situation, not intended for repeated use in the future.

Marketing Strategy

A comprehensive plan designed to achieve marketing objectives, involving the identification of target markets and the formulation of actions to appeal to those audiences.

Operating Budget

A detailed projection of all projected income and expenses over a specific period, typically a financial year, used for running daily operations.