Podcast
Questions and Answers
What is the purpose of solid financial information (financial statements) in a cooperative or company?
What is the purpose of solid financial information (financial statements) in a cooperative or company?
- To attract investors, financiers, donors
- To guide the organization towards achieving realistic objectives (correct)
- To develop products or services
- To focus on marketing, HR, communication
Why is strategic planning considered important for an organization?
Why is strategic planning considered important for an organization?
- To focus only on financial statements
- To merge with business plans
- To guide the organization towards achieving realistic objectives (correct)
- To attract investors, financiers, donors
What type of planning focuses more on marketing, HR, communication, finance, and operations divisions?
What type of planning focuses more on marketing, HR, communication, finance, and operations divisions?
- Operational Planning
- Business Planning
- Strategic Planning (correct)
- Financial Planning
When is business planning usually completed before starting created and running activities?
When is business planning usually completed before starting created and running activities?
Who is strategic planning usually disclosed to?
Who is strategic planning usually disclosed to?
What does the text suggest is more tactical and operative, at a programmatic/strategic level?
What does the text suggest is more tactical and operative, at a programmatic/strategic level?
How long is the typical duration for strategic planning in large organizations?
How long is the typical duration for strategic planning in large organizations?
What distinguishes large organizations from smaller ones regarding strategic and business planning?
What distinguishes large organizations from smaller ones regarding strategic and business planning?
What is the focus of business planning?
What is the focus of business planning?
What does the text suggest is crucial for becoming 'bankable'?
What does the text suggest is crucial for becoming 'bankable'?
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