Sample Question: Strategic Planning
1. Explain how risk management and contingency planning play important roles for the implementation plan. How could the Balanced Scorecard approach assist with a risk management assessment?
2. Describe and illustrate the four types of strategic control that might be part of a strategic plan. Which of the strategic controls would you consider to be included in your strategic plan?
Four types of strategic control are:
1. Premise control.
2. Strategic surveillance.
3. Special alert control.
4. Implementation control.