Which term is listed as a component of a strategic plan alongside Vision and Mission?

• A. Values
• B. Procedures
• C. Compliance
• D. Audits

Answer: (A)

Values fits with Vision and Mission because, in strategic planning, Vision describes the desired future, Mission states the organization’s purpose, and Values express the enduring beliefs and standards that guide decisions, behavior, and culture across the plan. Values anchor strategies, helping ensure that goals are pursued in a consistent way and that actions align with what the organization stands for.

Procedures describe how work is done, compliance concerns meeting requirements, and audits check governance and performance—important, but they’re not core strategic pillars like Vision, Mission, and Values.