A ________ Is a Set of Planned Actions Taken by Managers
A ________ is a set of planned actions taken by managers to help a company meet its objectives.
Which of the following refers to a written statement of why a company exists and what it plans to accomplish?
A)memorandum of association
D)articles of association
Which of the following is the first stage of the strategy-formulation process?
A)identification of value-creating activities
B)formulation of strategies
C)identification of company mission and goals
D)identification of core competency
Which of the following statements is true of objectives?
A)Objectives of individual business units in a company tend to be stated in the most general terms.
B)Objectives become more precise at the level of individual departments.
C)Objectives at the highest level in an organization tend to be more specific.
D)Objectives at the highest level in an organization are more concrete as they contain numerical targets.