Strategic Planning Encompasses All of the Following EXCEPT

question 40

Multiple Choice

Strategic planning encompasses all of the following EXCEPT:

• A) a cash budget.
• B) a description of the firm's core competencies and activities.
• C) a definition of the firm's customers.
• D) a description of the firm's competitors and its own competitive strengths and weaknesses.

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Definitions:

Distribution of Income

The way in which the total income earned in an economy is divided among its citizens or factors of production.

Resource Reallocation

The process of redistributing resources from less productive to more productive uses to increase overall efficiency or to meet strategic objectives.

Society's View

The collective opinions, attitudes, and values of a community or population towards various issues, concepts, or entities.

Economic Function

The role or impact that an entity or process has within the economy, such as production, distribution, and consumption of goods and services.