Strategic planning starts with a _____ that reflects a firm's vision,purpose,and values.
A) relationship diagram
B) feasibility study
C) performance assessment
D) mission statement

Question

Quizplus · Accepted Answer

A mission statement is a concise statement that communicates the purpose of an organization and serves as the foundation for strategic planning. It should reflect the organization's values and overall vision for the future. A relationship diagram, feasibility study, or performance assessment may be utilized during the strategic planning process, but they do not serve as the starting point for creating a strategic plan.

Strategic Planning Starts with a _____ That Reflects a Firm's