What are long-term forecasts that cover two to ten years and take a broader view of the company's financial activities?
A) tactical plans
B) operating plans
C) strategic plans
D) projected plans

Question

Quizplus · Accepted Answer

Long-term forecasts that cover two to ten years and take a broader view of the company's financial activities are known as strategic plans. Strategic plans help the company to achieve its long-term goals by identifying key initiatives and investments over the coming years. They help the company to make informed decisions about resource allocation, hiring, and expansion, and provide a roadmap for future growth and success.

What Are Long-Term Forecasts That Cover Two to Ten Years