Supervision in the Hospitality Industry- AHLEI Practice Test

The results of strategic planning generally include all of the following except:

1. A long-range plan

2. An operations budget

3. A vision statement

4. A mission statement

The correct answer is: An operations budget

Strategic planning primarily focuses on establishing the long-term direction and goals of an organization. It typically culminates in broad, overarching documents such as a vision statement and a mission statement, which articulate the organization's core purpose, values, and aspirations. A long-range plan is also a key outcome of strategic planning, outlining the steps and objectives necessary to achieve the organization’s long-term goals. The operations budget, on the other hand, is more closely related to the short-term operational aspects of a business. It defines the financial resources allocated for day-to-day activities, reflecting the immediate operational goals rather than strategic objectives. While it is informed by strategic planning, it does not directly emerge as a result of the strategic planning process itself. Therefore, the inclusion of an operations budget is not a typical result of strategic planning.