All of the Following Are Characteristics of the Strategic Planning

question 56

Multiple Choice

All of the following are characteristics of the strategic planning process except the

• A) emphasis on both the short and long run.
• B) review of the attributes and behavior of the organization's competition.
• C) analysis of external economic factors.
• D) analysis of consumer demand.

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Definitions:

Withdraw

To withdraw means to take out funds from an account, remove participation in an activity, or retract from a position or commitment.

Retire

To withdraw a financial instrument from circulation, or for an individual to leave the workforce and cease employment.

Invested

The action of allocating resources, usually money, with the expectation of generating an income or profit.

Annuity

A financial product that pays out a fixed stream of payments to an individual, typically used as part of retirement strategy.