Which of the following is NOT typically part of a business planning process?

Prepare for the PGA Level 1 Business Planning Test. Use flashcards and multiple-choice questions with hints and explanations. Get ready to achieve your goals!

The business planning process focuses on defining the organization's direction, establishing measurable goals, creating financial strategies, and ensuring alignment with the core values and mission of the organization. Linking core values to the mission helps to create a cohesive identity for the business and guides decision-making. Creating financial forecasts is essential for understanding the potential profitability and resource allocation of a plan. Assessing goals and objectives is crucial to ensure that the business can track its progress and make necessary adjustments.

While conducting employee satisfaction surveys is important for overall organizational health and can inform aspects of a business plan, it is not typically categorized as a direct part of the business planning process itself. Instead, it is more of a human resource activity that supports employee engagement and retention, which are critical but secondary to the foundational elements of business strategy. Therefore, it does not fit the primary functions usually associated with business planning.

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