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1) A clear tie between organizational budgets and strategic plans should exist.

ID: 433313 • Letter: 1

Question

1) A clear tie between organizational budgets and strategic plans should exist. True /False

2) Balanced scorecards can be decoupled from the organization’s strategic planning efforts. True/False

3) Profits could be a measure used for on a balanced scorecard to demonstrate expected performance. True/False

4) The person directing an organization’s strategic planning process commonly may have these additional responsibilities except:

Bussiness development

Clinical services

Marketing

Project management

5) All are true about strategic planning committees except:

Both governing board and non-governing board members can be part of the committee

Organizes and facilitates the strategic planning process

Members will have specific terms to rotate off

Monitors trends and periodically review the internal and external environment

6) Gantt charts are helpful in graphically displaying the timeframes for the activities involved in a strategic planning process. True /False

7) A CEO is best situated to direct the day-to-day strategic planning process. True/False

Explanation / Answer

1) True

The strategic plan should comply with the organizational budget or else the organizational plan may fail.

2) False

A balanced scorecard generally track the performance of the project that and progress as well

3) False

Profit is the outcome from the project not a measure to implement the same.

4) Clinical services

In the strategic planning process, clinical services are not required where as it is required in execution.

5)

6) True

The primary objective is to illustrate the project schedule

7) False

The CEO is the formal head and it is not possible to direct day to day operations by the CEO.