A Level: 9 - Corporate Planning
Quiz
•
Business
•
12th Grade
•
Practice Problem
•
Hard
Niall Clark
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25 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main purpose of corporate planning?
Answer explanation
Corporate planning sets long-term goals and strategic direction.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does a good corporate plan include?
Answer explanation
A comprehensive corporate plan includes objectives, strategies, and review processes.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a benefit of corporate planning?
Answer explanation
It aligns employees around common goals.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a drawback of corporate planning?
Answer explanation
Plans can become irrelevant if the external environment shifts quickly.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a component of a corporate plan?
Answer explanation
Corporate plans break down goals into departmental objectives.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why are financial objectives important in corporate planning?
Answer explanation
Financial targets help evaluate performance.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which business culture involves quick decisions made by one central figure?
Answer explanation
Power cultures centralize decision-making.
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