A company's strategic plan consists of

Question

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A company's strategic plan typically includes its vision for the future, specific performance targets to achieve that vision, and a strategy for reaching those targets. While objectives are often a part of the plan, they are not the only component, so choice (A) is too narrow. Choice (C) refers specifically to management's plans for implementing the strategy, which is typically only one part of the overall strategic plan. Choice (D) includes elements that may be incorporated into a strategic plan, but does not necessarily encompass everything that would be included. Choice (E) is also too narrow, as it focuses primarily on the business model aspect of a strategic plan.

A Company's Strategic Plan Consists of