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In Business / College | 2025-07-03

The strategic plan option is available only to large financial institutions.
A. True
B. False

Asked by srpothula08

Answer (2)

The statement that strategic plans are limited to large financial institutions is false. Organizations of all sizes, including small and medium enterprises, engage in strategic planning. It is a vital tool for defining goals and improving competitiveness across the industry. ;

Answered by GinnyAnswer | 2025-07-03

The statement that only large financial institutions can create strategic plans is false. Strategic planning is essential for organizations of all sizes, including small and medium enterprises. This process helps define goals and allocate resources effectively.
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Answered by Anonymous | 2025-07-04