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Question : Which of the following is an example of a strategic plan?

Option 1: A project timeline
  

Option 2: A marketing campaign
  

Option 3: A daily to-do list

 

Option 4: A five-year business expansion plan


Team Careers360 12th Jan, 2024
Answer (1)
Team Careers360 24th Jan, 2024

Correct Answer: A five-year business expansion plan


Solution : The correct answer is (d) A five-year business expansion plan.

A strategic plan is a long-term plan that outlines the organization's goals, objectives, and strategies to achieve them. It involves analyzing the current state, identifying opportunities and challenges, and developing a roadmap for future growth and success. A five-year business expansion plan aligns with the definition of a strategic plan as it focuses on the organization's growth, expansion, and development over an extended period.

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