The choice between strategic planning and financial control as a corporate management style for a particular company depends upon:
A)Whether company is managed in the interest of shareholders or stakeholders
B)The degree of maturity of the businesses
C)The relatedness of the businesses and the duration of their investment projects
D)Whether the goals of the company are growth or profitability

Question

Quizplus · Accepted Answer

The relatedness of businesses and duration of investment projects are important factors to consider when choosing between strategic planning and financial control. If the businesses are related and have a long-term investment horizon, strategic planning may be more suitable since it focuses on long-term goals and competitive advantage. On the other hand, financial control may be more appropriate for unrelated businesses with short investment horizons, as it emphasizes the efficient use of resources and profitability. The other options listed are also important factors to consider, but they are not the primary determinants of whether strategic planning or financial control is the best choice.

The Choice Between Strategic Planning and Financial Control as a Corporate