Which of the following statements is true about the strategic plan?
A)It is management's vision of what they desire the organization to achieve over the long term.
B)It is created by employees of a company and shared with management for execution.
C)It is management's vision of individual professional development goals over the long term.
D)It is created as a thought exercise for long-term planning purposes,but it does not relate to daily activities.

Question

Quizplus · Accepted Answer

The strategic plan is management's vision of what they desire the organization to achieve over the long term. It guides decision-making and sets priorities for the organization.

Which of the Following Statements Is True About the Strategic