ACCA MA · Chapter 1 · Question 6 of 10
Information produced for strategic planning is most likely to be:
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: A) Summarised, largely external and forward-looking
Explanation
Strategic planning concerns the long-term direction of the whole organisation, so senior managers need summarised information covering long periods, with a large external element (markets, competitors, the economy). Detailed, internal, short-term and real-time information is typical of operational level decisions.
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