Which of the Following Is the First Component of a Strategic

question 67

Multiple Choice

Which of the following is the first component of a strategic plan?

• A)Organizational objectives
• B)Organizational strategies
• C)Organizational mission
• D)Organizational portfolio plan

---

Definitions:

Income in Taxes

refers to the portion of individuals' or businesses' earnings that is paid to the government as tax.

Corporate Income Taxes

Taxes imposed on the income or profit of corporations by the government.

Revenue

The combined income stemming from a firm's core operations through selling products or offering services.

Social Insurance Taxes

Taxes collected from employees and employers to fund government social insurance programs, such as Social Security and Medicare.