Strategic Planning (Leaving Cert Business): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
How many years does a strategic plan typically cover?
How many years does a strategic plan typically cover?
Approximately five years
Who develops the strategic plan in an organisation?
Who develops the strategic plan in an organisation?
The senior management team
Which document typically outlines a firm's long-term objectives?
Which document typically outlines a firm's long-term objectives?
Mission statement
Strategic planning should be viewed as what type of activity?
Strategic planning should be viewed as what type of activity?
A continuous process
What acronym represents the four key benefits of strategic planning?
What acronym represents the four key benefits of strategic planning?
ECDC
What does SWOT stand for in strategic planning?
What does SWOT stand for in strategic planning?
Strengths, Weaknesses, Opportunities, Threats
What was Netflix's original business model in 1997?
What was Netflix's original business model in 1997?
DVD rental with postal delivery
By 2016, how many countries had Netflix entered?
By 2016, how many countries had Netflix entered?
Over 190 countries
Which is NOT listed as a key focus area of strategic objectives?
Which is NOT listed as a key focus area of strategic objectives?
Employee recruitment
Strategic plans help management to do what with resources?
Strategic plans help management to do what with resources?
Efficiently allocate resources