True or false 1. The starting point of the planning process is management’s strategic plan or vision of what they want the organization to achieve over the long term. 2. A short-term objective is a specific goal that managers want to achieve in more than a year to reach their long-term goals. True or False 3. Planning is the forward-looking phase of the planning and control process that involves setting long-term objectives and defining short-term tactics that will help to achieve them
True or false 1. The starting point of the planning process is management’s strategic plan or vision of what they want the organization to achieve over the long term. 2. A short-term objective is a specific goal that managers want to achieve in more than a year to reach their long-term goals. True or False 3. Planning is the forward-looking phase of the planning and control process that involves setting long-term objectives and defining short-term tactics that will help to achieve them
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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True or false
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1. The starting point of the planning process is management’s strategic plan or vision of what they want the organization to achieve over the long term. |
|
2. A short-term objective is a specific goal that managers want to achieve in more than a year to reach their long-term goals. True or False |
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3. Planning is the forward-looking phase of the planning and control process that involves setting long-term objectives and defining short-term tactics that will help to achieve them. |
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