Which of the following tasks is not part of strategic planning?Question 15Answera.Developing detailed project schedules and timelines.b.Managing the businesses as an investment portfolio. c.Assessing the market’s growth rate and the company’s position in that market.
Question
Which of the following tasks is not part of strategic planning?Question 15Answera.Developing detailed project schedules and timelines.b.Managing the businesses as an investment portfolio. c.Assessing the market’s growth rate and the company’s position in that market.
Solution
Sure, let's analyze each option to determine which task is not part of strategic planning:
a. Developing detailed project schedules and timelines: This task is typically part of operational planning rather than strategic planning. Strategic planning focuses on setting long-term goals and determining the overall direction of the organization, while developing detailed project schedules and timelines is more about the execution of specific projects and tasks.
b. Managing the businesses as an investment portfolio: This task is part of strategic planning. It involves evaluating and prioritizing different business units or projects based on their potential returns and risks, which is a key aspect of strategic decision-making.
c. Assessing the market’s growth rate and the company’s position in that market: This task is also part of strategic planning. Understanding the market environment and the company's competitive position is crucial for making informed strategic decisions.
Based on this analysis, the task that is not part of strategic planning is:
a. Developing detailed project schedules and timelines.
Similar Questions
10. Strategic planning is ___________. A. long term planning B. medium term planning C. short term planning D. annual planning
Which one among the following is not a main job of strategic managers?a.Developing the steps to follow in implementing operational level plansb.Developing a strategyc.Defining the business and developing a missiond.Establishing strategic objectives
Strategic Planning is systematic process of envisioning a desired future, and translating this vision into broadly defined goals or objectives and a sequence of steps to achieve them.Question 2Answera.true\'b.FALSE\'c.sured.unsure
One important activity of strategic managers is strategic planning. Describe fourcharacteristics of this activity.
PARTS OF STRATEGIC PLAN are the following EXCEPT:Company or corporate missionObjectivesStrategiesTactics
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.