How should a strategic plan be evaluated for financial viability?

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Business Strategy MCQs

By seeing if the strategic initiatives are profitable as a whole

By ensuring that the strategy does not impact finances

By estimating revenues and expenses for each of the strategic initiatives, and determining if they will be profitable

The management should make a rough judgment call.

Answer

Correct Answer: By estimating revenues and expenses for each of the strategic initiatives, and determining if they will be profitable

Explanation:

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