Which of the following is NOT a key element in strategic planning as it is described in the text?
A) The mission statement.
B) The statement of the corporate scope.
C) The statement of cash flows.
D) The statement of corporate objectives.
E) The operating plan.

Question

Quizplus · Accepted Answer

The statement of cash flows is not a key element in strategic planning. The other options listed are all important components in strategic planning. The mission statement outlines the organization's purpose and goals, the statement of corporate scope defines the boundaries of the organization's activities, the statement of corporate objectives sets specific targets for the organization, and the operating plan outlines the actions and resources needed to achieve the objectives.

Which of the Following Is NOT a Key Element in Strategic