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Questions and Answers
Which of the following is a key function of planning?
Which of the following is a key function of planning?
- Implementing strategies
- Analyzing financial statements
- Formulating goals or objectives (correct)
- Reviewing employee performance
What is the significance of vision and mission statements in planning?
What is the significance of vision and mission statements in planning?
- They provide a framework for decision making (correct)
- They determine employee performance
- They assist in implementing strategies
- They help in analyzing financial statements
Which of the following is NOT a type of plan?
Which of the following is NOT a type of plan?
- Financial plan
- Operational plan
- Performance plan (correct)
- Strategic plan
What is the planning process?
What is the planning process?
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What is decision making?
What is decision making?
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