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PARTS OF STRATEGIC PLAN are the following EXCEPT:Company or corporate missionObjectivesStrategiesTactics

Question

PARTS OF STRATEGIC PLAN are the following EXCEPT:

  • Company or corporate mission
  • Objectives
  • Strategies
  • Tactics
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Solution

Understanding the Question

The question asks to identify which option does not belong to the parts of a strategic plan.

Analyzing the Options

  1. Company or Corporate Mission: This defines the purpose of the organization, conveying its core values and long-term aims.
  2. Objectives: Specific, measurable goals that the organization aims to achieve within a certain timeframe.
  3. Strategies: Broad approaches taken to achieve the objectives, determining the direction of the organization.
  4. Tactics: Specific actions or steps taken to implement strategies and achieve objectives.

Summary of Findings

All the options provided (Company Mission, Objectives, Strategies, and Tactics) are generally recognized as parts of a strategic plan. However, if we consider the specific terms:

  • "Company or corporate mission" is often a foundational element, while objectives, strategies, and tactics can be more tactical in nature.

Final Answer

The term that is least aligned as a direct component of a strategic plan is Company or Corporate Mission, if we strictly classify the others as operational components of the plan. However, it is essential to note that all components are interrelated in the broader context of strategic planning.

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