Which of the following involves decisions about the types of businesses and markets that an organisation operates in, and about how those businesses and activities will be financed?
A) Sales forecasting
B) Strategic planning
C) Financial statement forecasting
D) Financial planning

Question

Quizplus · Accepted Answer

Strategic planning involves decisions about the types of businesses and markets that an organisation operates in, and about how those businesses and activities will be financed. Sales forecasting and financial statement forecasting are more focused on projecting future revenues and expenses, while financial planning is more focused on managing an organization's financial resources.

Which of the Following Involves Decisions About the Types of Businesses