Which of the following is true for small businesses in relation to strategic planning?
A. It belongs in all organizations
B. It is too expensive
C. It only belongs in large organizations
D. The benefits are too long term
Answer: Option A
Solution(By Examveda Team)
It belongs in all organizations is true for small businesses in relation to strategic planning. Strategic planning is a process in which organizational leaders determine their vision for the future as well as identify their goals and objectives for the organization.This Question Belongs to Management >> Strategic Management
Related Questions on Strategic Management
Strategy is developed by the visionary chief executive in ___________ mode of strategic management
A. planning mode
B. adaptive mode
C. strategic mode
D. entrepreneurial mode
Stability strategy is a ____________ strategy
A. corporate level
B. business level
C. functional level
D. strategic level
What are the means by which long term objectives will be achieved?
A. Strategies
B. Policies
C. Strength
D. Opportunities
Marketing strategy is a ___________ type of strategy
A. business level
B. Growth strategy
C. corporate strategy
D. functional strategy
Join The Discussion