Which of the following is NOT a key element in strategic planning as it is described in the text?
A) The statement of the corporation's scope.
B) The statement of cash flows.
C) The statement of corporate objectives.
D) The corporation's strategies.
E) The mission statement.

Question

Quizplus · Accepted Answer

The statement of cash flows is not a key element in strategic planning. It is a financial statement that shows changes in cash and cash equivalents during a specific period. Strategic planning involves identifying the direction and goals of the organization, and developing strategies and plans to achieve them. Key elements include the statement of the corporation's scope, the statement of corporate objectives, the corporation's strategies, and the mission statement.

Which of the Following Is NOT a Key Element in Strategic