Master the Essentials
5 Questions
2 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Which of the following is NOT a definition of planning?

  • Document that outlines how goals are going to be met
  • Setting goals and deciding how to achieve them
  • Coping with uncertainty by formulating future courses of action
  • Outlining the need the firm will fill and expected revenues and expenses (correct)
  • What is a business plan?

  • A document that outlines a proposed firm's goals, strategy, and standards for measuring success (correct)
  • A document that outlines how goals are going to be met
  • A document that outlines the operations and components of the business
  • A document that outlines the need the firm will fill and expected revenues and expenses
  • What is a business model?

  • A document that outlines the need the firm will fill and expected revenues and expenses (correct)
  • A document that outlines how goals are going to be met
  • A document that outlines the operations and components of the business
  • A document that outlines a proposed firm's goals, strategy, and standards for measuring success
  • What is the main purpose of planning?

    <p>Setting goals and deciding how to achieve them</p> Signup and view all the answers

    Which of the following is NOT a characteristic of a plan?

    <p>Defines the operations and components of the business</p> Signup and view all the answers

    More Like This

    Strategic HR Management Quiz
    5 questions
    Planning Definition and Types
    8 questions

    Planning Definition and Types

    RespectableCognition6951 avatar
    RespectableCognition6951
    Understanding Strategy Definition
    16 questions
    Business Strategy Concepts and Definitions
    32 questions
    Use Quizgecko on...
    Browser
    Browser