As an entrepreneur in the making, strategic planning is one of the few things you’d have to take seriously. It is the practice of formulating, executing strategic plans and evaluating their effect on the basis of organizational objectives. Easy, right?
Then, take this quiz and let’s really see if you’ve got this covered.
A company's resources, capabilities, and technology are examples of;
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The term ‘confusing the map with the journey’ means what?
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You own a store in a town where the population has changed from low-income singles to high-income families. You need to make changes based on what type of environmental change?
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Why do you need a vision statement?
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Nkechi’s Potato chips company sells products both online and at retail locations. She has developed multiple value propositions because...
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The group of customers toward which an organization directs its marketing efforts is known as the...
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What is a SWOT analysis?
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The firm's ____ explains the purpose of the organization and why it exists.
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The economy, competitors and government regulations that could affect what the firm wants to do are part of the...
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They aren’t customers but they act like one. What are they called?
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How Much Do You Know About Strategic Planning? Take The Quiz If You Dare
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Nice platform For brain teaser
Thank you for the feedback, Joyce.