A Timeline for a Strategic Plan Can Be as Long

question 104

Multiple Choice

A timeline for a strategic plan can be as long as 10 years. However, the timeline for a strategic plan for a company is generally

• A) a maximum of one year.
• B) a minimum of one year.
• C) one to two years.
• D) five years.
• E) seven years.

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Definitions:

Tax Rate

The portion of one's income or a company's earnings attributed to taxes.

Current Rate

The present value of a financial instrument or the latest interest rate on a loan or investment.