Strategic planning focuses on medium-term strategic targets for a firm, while financial control systems focus on long-term financial results

Name: Strategic planning focuses on medium-term strategic targets for a firm, while financial control systems focus on long-term financial results
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Question

Quizplus · Accepted Answer

Strategic planning focuses on both short-term and long-term strategic targets, while financial control systems are designed to monitor and control financial performance in the short and medium term.

Strategic Planning Focuses on Medium-Term Strategic Targets for a Firm