What is the purpose of a strategic plan?

What will be an ideal response?

The strategic plan defines an organization's mission and vision, analyzes the company's business environment, sets organizational goals, and explains the means management will use to transform the company from its present state to a defined, future position.

Business

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The tax rate that determines the amount of tax that will be due on the next dollar of taxable income earned is called the:

a. average tax rate b. variable tax rate c. marginal tax rate d. fixed tax rate e. ordinary tax rate

Business

Conscious marketers have no need for contingency plans that reflect their conscious leadership and conscious culture.

a. true b. false

Business